In a report titled "Issuer Considerations for Distributing Bonds: Establishing Priority of Orders," the MSRB offered an overview of how the prioritization of orders is determined and documented, and emphasized that "[i]ssuers are free to structure the priority of orders in any manner they see fit in light of their goals and objectives for the offering."
News & Insights
10 News Results
A broker-dealer settled FINRA charges for failing to monitor conflicts of interest related to the sale of bonds to a bank affiliate.
An Arkansas-based broker-dealer, often serving as an underwriter, and its former CEO settled SEC charges for fair dealing violations arising from a municipal bond tender offer.
SEC staff summarized the activities of the Fixed Income Market Structure Advisory Committee over the past year.
A broker-dealer settled FINRA charges for simultaneously acting as an issuer's financial advisor and underwriter.