The MSRB requested a second round of comments on revisions to proposed Rule G-46 to codify previously issued guidance on requirements applicable to solicitor municipal advisors. This new comment period will close on March 15, 2022.
The SEC published in the Federal Register an MSRB proposal to extend until June 30, 2022, relief permitting remote internal inspections for calendar year 2022. The MSRB proposal is immediately effective with an operative date of January 1, 2022.
The MSRB recently approved amendments that narrow the scope of the annual customer notification requirements under rules for (i) the delivery of investor brochures and (ii) transactions with sophisticated municipal market professionals. The amendments go into effect on October 12, 2021.