SIFMA

The MSRB's latest request for comment has won initial praise from broker-dealer groups.

Josh Wilsusen named executive vice president, Advocacy

Should the proposal go forward, the board should provide analysis and evidence as to how such a requirement would benefit the market, dealers said.

Running up to the midterm elections the group has already spent over $3.5 million

Ahmed's appointment comes a few months after longtime SIFMA lawyer Ira Hammerman announced he would leave the job this year.

A key distinction commenters raised is the difference between ESG-related credit risk disclosures and non-credit risk ESG information about the issuer or the bonds.

The proposal may be less feasible for certain types of trades, market participants said, especially larger trades.

The MSRB announced new board leadership as well as a revision to a controversial fee structure proposal.

The MSRB’s proposed changes to its fee structure fails to address the discrepancy between fees generated from dealers and municipal advisors in addition to a lack of transparency in its budgeting process.

SIFMA CEO Ken Bentsen and Head of Municipals Leslie Norwood discuss developments at the organization, the legislative outlook, and regulatory developments related to ESG. Kyle Glazier hosts. (28 minutes)