PHILADELPHIA — The Securities and Exchange Commission is preparing procedures that it will use to conduct examinations of independent, non-dealer municipal advisors to see if they are complying with federal laws and rules pertaining to municipal securities, an SEC official said Thursday.

The municipal securities and public pensions unit in the SEC's enforcement division is helping the commission's Office of Compliance, Inspections and Examinations prepare the examination process, Elaine Greenberg, the unit's chief, told dealers.

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