A resolution regarding the Municipalities Continuing Disclosure Cooperation initiative will be on the agenda for tonight’s Knoxville School Board meeting.

According to the U.S. Securities and Exchange Commission website, the MCDC initiative is intended to address potentially widespread violations of the federal securities laws by municipal issuers and underwriters of municipal securities in connection with certain representations about continuing disclosures in bond offering documents.

The Knoxville School Board will meeting at the Board of Education meeting room beginning at 5:30pm.