The document outlines disqualifying events for Solicitors under Section 506(d)(iii)(B) due to final orders from state securities commissions for violations related to fraudulent conduct. Solicitors are seeking a waiver from the SEC. They have settled with 40 states, Puerto Rico, the Virgin Islands, and the District of Columbia over allegations of failing to supervise and engaging in unethical practices related to auction rate securities (ARS). The settlements include purchasing ARS from eligible customers and paying fines. The document lists the completion dates of these undertakings for various states.
documents/EFTA01374033.pdf
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