What is a Dissemination Agent?

Dissemination agents assist California school and community college districts with fulfilling their continuing disclosure requirements for issued financings that remain outstanding.  Continuing disclosure requirements typically include:

–      Annual disclosure reports
–      Material event notices
–      California Debt and Investment Advisory Commission (“CDIAC”) annual debt transparency reports

A dissemination agent assists districts by:

–      Determining which financings should be included in annual reports
–      Requesting necessary demographic information from third parties
–      Preparing annual reports and CDIAC annual debt transparency reports
–      Filing reports to the proper repository
–      Filing material event notices as soon as notified by the district

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