Municipal Advisors

Costas negligently submitted these inaccurate zip codes with Pinzon’s orders when he should have known that they did not correspond to Pinzon’s residence

During his time on the UBS syndicate desk, Orellana understood that flippers generally did not qualify for retail priority

New issue municipal bonds were improperly obtained

Municipal advisors will now have an additional 45 days to file Form MA updates

The disruptions resulting from COVID-19 mentioned above could hamper the efforts of municipal advisors to timely meet filing deadlines for annual updates to Form MA

Regulators hate to see repeat violations and will penalize firms for not taking prompt corrective action the first time an issue is cited. UBS Financial ...

This matter involves violations of Municipal Securities Rulemaking Board (“MSRB”) rules by MSSB. Between June 2013 and December 2017, MSSB recommended 135 “swap” transactions to ...

Citing concern about potential conflicts of interest and inadequate training, FINRA has issued new guidance detailing when firms are obligated to register as municipal advisors. ...

These proceedings arise out of a fraudulent scheme carried out by Muldoon, a former Wells Fargo Clearing Services, LLC (“Wells Fargo”) trader, to evade the ...

School Services undertook the solicitation of municipal entities without being registered with the Commission. School Services’ emails and phone calls to school districts were “communications” ...