WASHINGTON — The Securities and Exchange Commission's municipal advisor registration rule will appear in the Federal Register Nov. 12, starting the 60-day countdown until it becomes effective Jan. 13.

The rule, which defines the term "municipal advisor" and lays out who is expected to register as one with the SEC, was approved unanimously Sept. 18. Its publication was delayed by its nearly 800 page length and the federal government shutdown last month. The register was not updated as usual during that time, when it published only material deemed essential to the protection of American lives and property.

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