Authors:
Anne Phillips Ogilby
On April 8, the Securities Industry and Financial Markets Association released a summary of discussions it has had with representatives of the Securities and Exchange Commission ("SEC") dealing with bidding by borrowers for their own auction rate securities. While the information in the summary is not binding on the SEC, the commentary provides greater comfort concerning a number of technical questions that have come up as borrowers have begun to bid in their own auctions.
Authors
Stay Up To Date with Ropes & Gray
Subscribe to Our Podcast
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Follow Us on Social
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
Join Our Mailing List
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.