Municipal Advisors

A person associated, seeking to become associated, or, at the time of the alleged misconduct, associated or seeking to become associated with a municipal advisor, ...

Four years after the SEC’s adoption of its pay-to-play rule for investment advisers, FINRA is now proposing its own. The SRO’s proposed rule is aimed ...

The rule appears easy enough to understand. If you sell high-yield municipal bonds to retail investors, you must sell them in lots of $100,000 or ...

The SEC, FINRA and MSRB are partnering to host the first-ever Compliance Outreach Program for municipal advisors. The event will take place in Chicago at ...

This is an introductory letter sent from OCIE in August 2014 describing topics examiners may pursue when looking at entities registered as municipal advisors.

Securities Exchange Act of 1934Section 15B -- Municipal Securities Registration of municipal securities dealersIt shall be unlawful for any municipal securities dealer (other than one ...

Although it doesn't affect investment advisers directly, the program announced last week by the SEC's Enforcement Division to lure self-reporting of violations related to the ...

With the holidays passed, the SEC remains in a gift giving mood. The Commission announced last week that compliance with the final municipal advisor registration ...

This is a final rule issued by the SEC in early 2014 to extend the deadline for municipal advisors to register until July 2014.

A significant reduction in dealer market-making capacity has the potential to decrease liquidity and increase volatility in the fixed income markets.