Pursuant to Municipal Securities Rulemaking Board (“MSRB”) Rule G-42, on Duties of Non-Solicitor Municipal Advisors, Municipal Advisors are required to make certain written disclosures to clients which include, amongst other things, Conflicts of Interest and any Legal or Disciplinary events of TKG & Associates LLC and its associated persons.
TKG & Associates LLC represents that in connection with the issuance of municipal securities, TKG & Associates LLC may receive compensation from an Issuer or Obligated Person for services rendered, which compensation is contingent upon the successful closing of a transaction and/or is based on the size of a transaction. Consistent with the requirements of MSRB Rule G-42, TKG & Associates LLC hereby discloses that such contingent and/or transactional compensation may present a potential conflict of interest regarding TKG & Associates LLC’s ability to provide unbiased advice to enter into such transaction. This conflict of interest will not impair TKG & Associates LLC’s ability to render unbiased and competent advice or to fulfill its fiduciary duty to the Issuer.
If TKG & Associates LLC becomes aware of any additional potential or actual conflict of interest after this disclosure, TKG & Associates LLC will disclose the detailed information in writing to the Issuer in a timely manner.
Other Municipal Advisor Relationships: TKG & Associates LLC serves a wide variety of other clients that may from time to time have interests that could have a direct or indirect impact on the interests of another TKG & Associates LLC client. For example, TKG & Associates LLC serves as municipal advisor to other municipal advisory clients and, in such cases, depending on the client, owes either a fiduciary duty or a duty of care to such other clients just as it does to any of its future clients. These other clients may, from time to time and depending on the specific circumstances, have competing interests. In acting in the interests of its various clients, TKG & Associates LLC could potentially face a conflict of interest arising from these competing client interests. TKG & Associates LLC fulfills its regulatory duty and mitigates such conflicts through dealing honestly and with the utmost good faith with all of its clients.
TKG & Associates LLC does not have any legal events or disciplinary history on TKG & Associates LLC’s Form MA and Form MA-I, which includes information about any criminal actions, regulatory actions, investigations, terminations, judgments, liens, civil judicial actions, customer complaints, arbitrations and civil litigation. The Issuer may electronically access TKG & Associates LLC’s most recent Form MA and each most recent Form MA-I filed with the Commission at the following website: http://www.sec.gov/edgar/searchedgar/companysearch.html There have been no material changes to a legal or disciplinary event disclosure on any Form MA or Form MA-I filed with the SEC. If any material legal or regulatory action is brought against TKG & Associates LLC, TKG & Associates LLC will provide complete disclosure to the Issuer in detail allowing the Issuer to evaluate TKG & Assocaites LLC, its management and personnel.