This is the second of two articles updating Continuing Disclosure requirements for your outstanding bonds.

In a previous issue of Footnotes, we described the requirement to disclose significant material events for bond issues larger than $1 million. In addition to material event filings, most issuers are also required by SEC Rule 15 (c) 2-12 to file annual reports. The deadline for annual report filings is the 180th day after the end of the issuer's fiscal year. For example, if your fiscal year ends June 30th, the annual report is due by December 27th each year throughout the life of the bond issue.

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