Continuing Disclosure Obligations of 501(c)(3) Organizations

November 7, 2013
Fox Rothschild, BNY Mellon and Philadelphia Authority for Industrial Development
Bank of New York1735 Market Street
8th Floor
Philadelphia, PA 19103

8 to 10 a.m.

Hospitals, colleges, universities and other nonprofit entities issuing tax-exempt bonds are subject to a growing set of disclosure obligations after closing.

With increased SEC enforcement in this area, it is imperative for borrowers to understand what is required to be disclosed to the market as well as how best to insulate themselves from any potential liability.

Our panel discussion will cover:

  • Disclosure requirements under Rule 15c2-12, which were the subject of three recent SEC Enforcement Actions
  • Permissible research arrangements and completing your IRS Form 990
  • The proper role of your foundation


Kevin B. Scott , Partner, Fox Rothschild

Sakinah Rahman, Philadelphia Industrial Development Corporation

Michael Judge, BNY Mellon