For transactions in newly issued Federal Home Loan Bank (FHLB), Federal National Mortgage Association (FNMA), Federal Farm Credit Bank (FFCB), Municipal Bonds (MSRB), and Federal Home Loan Mortgage Corporation (FHLMC) securities, you may access Offering Documentation (including Notices and Circulars), Term Sheets, Pricing Supplements and Financial Reports by visiting their respective websites directly:
- FHLB: www.fhlb-of.com
- FNMA: www.fanniemae.com/markets/debt/debt_tools_resources/debt_search.jhtml (debt securities)
- FNMA: www.fanniemae.com/portal/funding-the-market/mbs/ (mortgage backed)
- FFCB: www.farmcreditfunding.com/ffcb_live/termDebtActivity.html
- FHLMC: www.freddiemac.com/debt/ (debt securities)
- FHLMC: www.freddiemac.com/mbs/ (mortgage backed)
- GNMA: www.ginniemae.gov
- MSRB: http://emma.msrb.org/Search/Search.aspx
Under certain circumstances, Rules 172 and 173 promulgated by the Securities and Exchange Commission ("SEC") pursuant to the Securities Act of 1933, as amended, exempt Stifel from the requirement to deliver a hard copy of the final prospectus to purchasers in certain registered public offerings of securities. These SEC rules permit underwriters and dealers such as Stifel instead to fulfill their prospectus delivery requirements through an "access equals delivery" framework whereby the customer will be deemed to have received delivery of the final prospectus by virtue of its availability on the SEC's EDGAR website if the transaction confirmation received by the customer contains language notifying the customer that the sale was made pursuant to a registration statement or in a transaction where a final prospectus would normally be required to be delivered.
Notwithstanding the availability of this "access equals delivery" exemption, Stifel has posted electronic copies of the final prospectuses for certain registered public offerings on this Web page solely as a convenience to its clients. These prospectuses were prepared and filed with the SEC by the issuer and Stifel makes no representation or warranty that the information contained therein is accurate or complete. Please note that these prospectuses are valid only during the applicable required prospectus delivery period and may not reflect current information regarding the issuer or the securities offered. Stifel has no duty or obligation to update these prospectuses or any of the information contained therein.