MSRB Answers More Questions on COVID-19 Regulatory Relief

The MSRB provided additional guidance for regulated entities concerning COVID-19-related regulatory relief.

The FAQs address, among other things:

  • relief from examination requirements under MSRB Rule G-3 ("Professional Qualification Requirements");

  • supervisory considerations under MSRB Rule G-27 ("Supervision");

  • transaction reporting obligations under Federal Reserve Board facilities;

  • the process for providing customers with mark-up disclosures pursuant to MSRB Rule G-15 ("Confirmation, Clearance, Settlement and Other Uniform Practice Requirements with Respect to Transactions with Customers"); and

  • best execution obligations under MSRB Rule G-18 ("Best Execution") and fair pricing obligations under MSRB Rule G-30 ("Prices and Commissions").

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