SEC Approves Amendments to Streamline New Issue Information Submission Requirements under MSRB Rules G-32 and G-34
The SEC has approved amendments to MSRB G-32 (Disclosures in Connection with Primary Offerings) and G-34 (CUSIP Numbers, New Issue, and Market Information Requirements) intended to streamline the process by which underwriters submit data in connection with primary offerings. The amendments integrate the submission of data to the New Issue Information Dissemination Service ("NIIDS"), operated by the Depository Trust and Clearing Corporation, with the Electronic Municipal Market Access system. In connection with this integration, the MSRB made several other related amendments and revisions.
Effective Date: May 6, 2013.
See: MSRB Regulatory Notice 2012-64 for summary and text of amendments.