MSRB Files Proposal to Establish Interim Municipal Advisor Assessment and Seeks Comment on Draft Municipal Advisor Survey

The MSRB has filed a proposed rule change with the SEC to establish a new interim municipal advisor assessment under new Rule A-11 and a new Form A-11-Interim. In addition, the MSRB is requesting comment on a draft survey seeking information from municipal advisors on the nature of the advisory activities they undertake as well as the level of compensation received by such advisors. [SL Comment: Essentially, the regulators are trying to determine whether to increase regulatory assessments on muni advisors.]

View release in full here (links externally to MSRB website).