Public issue advertisements must be truthful, non-misleading, and confined to offer document disclosures for municipal debt securities. Public issue advertisements for municipal debt securities may be issued through electronic modes or in a national daily with wide circulation before the ... Summary
Public issue advertisements must be truthful, non-misleading, and confined to offer document disclosures for municipal debt securities.
Public issue advertisements for municipal debt securities may be issued through electronic modes or in a national daily with wide circulation before the issue opening date, and must include Schedule IV disclosures. Electronic advertisements must also be accompanied by a notice in a national daily displaying a QR code and link to the complete advertisement. All advertisements must be truthful, fair, and clear, and must not be misleading, distorted, manipulative, deceptive, or include extraneous matter beyond the offer document. Promotional or educative advertisements during the subscription period must not refer to the issue or be used for solicitation.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.