On the recordJuly 16, 2014
I thank the gentleman from Ohio for bringing this initiative to my attention. As he said, the SEC recently announced that issuers and underwriters of municipal securities are required to self-report violations of the Federal securities laws relating to representations and bond offerings. I understand the gentleman's concern that this is a massive undertaking, and to identify all the series of bonds sold and to make sure that all disclosures are made accurately and timely is a huge undertaking. So I look forward to working with you regarding your concerns and to find some solutions. I yield back the balance of my time. Amendment Offered by Mr. Engel





