The Securities and Exchange Commissions municipal bond office has sent a so called no-action letter to NetRoadshow Inc., paving the way for it and its underwriter clients to present Internet-based road shows on municipal bond offerings to retail investors.
In a Jan. 29 letter obtained by The Bond Buyer, John Cross, director of the SECs muni office, said the offices staff will not recommend enforcement action to the commission against NetRoadshow for conducting shows for retail muni investors as long as certain conditions are met.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access