MFK Corp Wants to Raise Capital and Is Considering an Offer

MFK Corp. wants to raise capital and is considering an offer of bonds and debentures. It is not sure of a particular disclosure requirement, so MFK poses its question to the SEC and request an interpretation letter. If the SEC issues an interpretive letter addressing MFK's question and MFK follows the statements contained in the letter, MFK will not be able to be penalized by the SEC should the advice be incorrect.