CHICAGO — Underwriters must conduct thorough due-diligence, checking issuers’ official statements and continuing disclosure agreements for completeness and accuracy, prior to underwriting their bonds, a Securities and Exchange Commission official warned lawyers here.

Speaking at a regulatory session at the National Association of Bond Lawyers’ Bond Attorney’s Workshop on Wednesday, Mary Simpkins, senior counsel in the SEC’s municipal securities office, also urged lawyers — many of whom serve as underwriter’s counsel — to encourage underwriters to review a risk alert the commission issued in March detailing those due-diligence obligations.

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