MSRB Announces Items for Discussion at Board of Directors Meeting

The MSRB announced the topics for discussion at its April 30 - May 2 Board of Directors Meeting. The matters to be discussed include the following:

• Duties of Municipal Advisors: the Board will review comments received on draft Rule G-42;
• Municipal Advisor Political Contributions: the Board will address a possible regulation on political contributions made by municipal advisors;
• Best Execution: the Board will review comments received on MSRB draft Rule G-18 ("Execution of Transactions");
• Dealer Professional Qualifications: The Board will review qualification exams and continuing education requirements for municipal securities dealers; and
• Market Transparency Programs: the Board will consider plans to rebuild the MSRB's Real-Time Transaction Reporting System as part of the development of a central transparency platform for the municipal market.

See: MSRB Press Release.Related news: SIFMA Submits Comments to the SEC on a Single General Rule for Prices and Remuneration (March 12, 2014); SIFMA Submits Comments to MSRB on Duties of Non-Solicitor Municipal Advisors (March 11, 2014); MSRB Notice 2013-15: Request for Comment on Proposed Fair-Pricing Rule (August 6, 2013).