MSRB Proposed Interpretive Notices on the Application of Rule G-17 to Underwriters of Municipal Securities (Proposed Rule)

76 FR XXX (SEC Release No. 34-65263) (SR-MSRB-2011-09)

September 6, 2011

The SEC published for comment a proposed interpretive notice of the MSRB concerning the application of MSRB Rule G-17 to underwriters of municipal securities. The MSRB stated that the change was a result of Dodd-Frank's direction that the MSRB explicitly protect municipal entities. The proposed guidance would generally apply a number of conduct rules to municipal underwriters in their communications with issuers.

Cross References

MSRB Rule G-17