Municipal Advisors

These proceedings arise out of certain improper gifts provided by Stovall to the president and owner of a registered municipal advisor in May 2015. Shortly ...

Many of the deficiencies examiners found related to fundamental compliance duties

OCIE has released its 6th risk alert this year. The latest one doesn’t give municipal advisors a good compliance grade.   In Observations from Municipal ...

Municipal Advisors should take steps to educate themselves regarding their compliance obligations. Exam staff frequently observed deficiencies in MA compliance with regulatory obligations regarding registration, ...

The 2013 amendment failed to meet certain prerequisites expressly required by the City’s prior continuing disclosure agreements. Respondents failed to advise their client of the ...

The proposed amendments would amend the list of events for which notice is to be provided to include (i) incurrence of a financial obligation of ...

The SEC, FINRA and the MRSB are partnering to offer a 90-minute webinar to municipal advisors on Nov. 10. The complimentary program is aimed at ...

In connection with the municipal advisor hiring process for five of SBCI’s school district clients, Keygent, Hsieh, and Wang improperly received confidential information about the hiring ...

The SEC has brought its first-ever fiduciary duty case against a municipal advisor for failing to disclose a conflict of interest to a municipal client. ...

Detter and Malone were aware of the conflict posed by performing both municipal advisor services and underwriting services for the Offerings. For example, in an ...