Series 53: Official Statement Exemption For Certain Limited Offerings

Official Statement Exemption for Certain Limited Offerings

A primary offering is exempt from filing an official statement if the new issue is a private placement, sold to no more than 35 sophisticated municipal securities investors. Underwriters of such a private placement will not be required to submit the official statement or any preliminary official statement to EMMA if, no later than the closing date, they submit to EMMA:

• • Form G-32

and

• • Contact information, including:
• » The underwriter’s mailing address
• » The underwriter’s telephone number
• » The name and email address of an associated person of the underwriter from whom customers may request the official statement

The underwriter must also agree to delive