Municipal Advisors

The heat is on again for the SEC to issue a revised - and final - definition of "municipal advisor" that isn't as wide-ranging as ...

The MSRB is conducting a wide-scale review of its rules and related interpretive guidance.It is soliciting comments to determine whether rules or guidance should be ...

Unfortunately, even after repeated disclosure delinquencies, underwriting continues. And that appears to be more the rule than the exception. The Commission could consider cracking down ...

Last week's Federal Register included the SEC's new final rule announcing the agency won't meet the Sept. 30th deadline to define a "municipal advisor" and ...

The SEC has extended until Sept 30, 2013 its temporary registration rule for municipal advisors (BD Week, Sept. 24, 2012). The action buys the Commission ...

If you're unclear about whether the SEC considers your firm a "municipal advisor" that must register as such with the Commission, don't hold your breath ...

On the very day that the SEC's once-delayed third-party solicitation ban in its pay-to-play rule was to take effect - June 13th - the agency ...

The MSRB might require underwriters and municipal advisors to publicly disclose payments they make, or receive, in connection with new issues of municipal securities. The ...

Two SEC commissioners last week strongly noted their opposition to the MSRB's recent directive about underwriters' obligations to issuers, saying that an adequate cost-benefit analysis ...

If you underwrite municipal securities, regulators will expect you to provide the issuer more comprehensive disclosures than you have in the past, thanks to a ...