Dealer and non-dealer municipal advisers have until Dec. 31 to register with the Municipal Securities Rulemaking Board under a new system launched Monday.

The MSRB is requiring advisory firms to electronically complete an amended Form G-40 that will provide it with basic contact details and information about the categories of advisory work they perform. The Securities and Exchange Commission signed off on the system and the amended form late last week and the board described the new requirements in a notice issued Monday.

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.