MSRB rules

The proposal would effectively cancel part of a rule change that had not yet become effective.

The action stems from conduct that occurred from 2020-2023, FINRA alleged.

MSRB appreciates "the robust stakeholder engagement and response" to its requests for feedback on both the rate card and a municipal fund securities concept release, Board Chair Bo Daniels said.

The American Securities Association's federal appeals court case regarding an SEC order has been stayed until Aug. 13.

The MSRB has said it is amending a pending rule change that would greatly shorten the reporting time standard for municipal bond trades, which could cause problems for certain transactions, dealer firms said.

The MSRB said its board at a previously scheduled meeting Thursday authorized the filing of further amendments to Rule G-14 .

FINRA found that Tradeweb had violated an MSRB rule by failing to include the 'NTBC indicator' when reporting certain municipal securities transactions.

The MSRB has a full slate of initiatives teed up, with an emphasis on modernizing its rulebook.

The MSRB is looking for industry input regarding proposed rules changes for Rules G-17, G-32 and G-47.

Rep. Patrick McHenry, R-N.C., also said implementation of the data standards law may be tricky with the change of administrations.