The Municipal Securities Rulemaking Board has asked the Securities and Exchange Commission to approve a package of rules and proposed rule changes designed to consolidate and harmonize fair dealing requirements for muni securities dealers.

The package includes a proposed new Rule G-47 on time-of-trade disclosures that would consolidate existing requirements for dealers to disclose material information to customers in connection with purchases and sales of munis.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.