MSRB rules

The board's next quarterly meeting, scheduled for July 24-25, will include a review of market regulations, structure, and transparency issues .

Birmingham, Alabama-based FNBB Capital Markets has been fined by the regulator for failing to include certain mark-ups and mark-downs on dealer confirmations sent to retail customers.

The amendments add disclosure scenarios, slightly update the definition of materiality as well as clarify details of supplementary material.

The Supreme Court decision in SEC v. Jarkesy held that Congress can't force regulated entities to defend themselves in the SEC's in-house court, but likely won't change much for the Public Finance Abuse Unit.

New rules finalized by the Securities and Exchange Commission aim to bring dealer supervision up to the new standards of remote work but only address part of the problem

The board has issued a request for comment on amendments to Rule A-12 and Form A-12 on registration for associated persons for display on the MSRB site.

The board has knocked out nine pieces of interpretive guidance from its inter-dealer confirmation Rule G-12(c) following comments from SIFMA.

The proposal would codify a supervisory system that recognizes the work from home reality.

The SEC has won a partial victory against Choice Advisors and its principal Matthias O'Meara for their role in acting as unregistered brokers and for engaging in a fee-splitting arrangement.

The board approved that step at its second quarter board meeting held this week.

The amendments add three new scenarios that warrant disclosure under MSRB Rule G-47 on time of trade disclosure.

Representatives from the Securities and Exchange Commission gathered Tuesday to discuss some of their examination priorities and some of the trends they're seeing outside of exams.

According to FINRA, the mispricing resulted in customer harm amounting to $44,927.83, on top of the $90,000 fine.

New MSRB Rule G-46 on the duties of solicitor municipal advisors goes into effect on March 1

The Municipal Securities Rulemaking Board's request for information on small firms has commenters divided over what rules should apply to small firms and how the board should go about instituting them.

Comments submitted to the SEC on the MSRB's amendments to Rule G-14 note how important exceptions for manual trades and limited trading activity are in the move to a one-minute reporting standard.

The MSRB requested information about the challenges facing small firms the firms have not held back in citing what they view as a difficult regulatory environment.

Speaking at the 2024 National Outlook Conference, MSRB chief executive officer noted the number of calls the MSRB has received since the suspension was announced.

The amendments add a new section to Rule G-12 to align with Exchange Act Rule 15c6-2.

The veteran-owned Academy Securities failed to file Form G-37 reports in a timely manner, and failed to disclose another 60 municipal underwritings where the firm acted in a managerial capacity.