MSRB Requests Comments on Requirement of Municipal Advisors to Apply for CUSIP Numbers

As part of its retrospective rule review, the MSRB requested comments on the "CUSIP Requirement" (i.e., MSRB Rule G-34(a)(i)(A)(3)). The CUSIP Requirement obligates municipal advisors advising issuers on the "competitive sale of a new issue of municipal securities to apply for the assignment of a CUSIP number or numbers with respect to such issues within a specified time frame."

Comments must be submitted by May 28, 2019.