MSRB to Host Webinar on Rule G-18

The MSRB announced a webinar to review recently approved changes to MSRB Rule G-18, on best execution, which will require municipal securities dealers to seek the most favorable terms reasonably available for their retail customers' transactions.

The new rule, which is effective on December 7, 2015, will establish standards for how dealers handle and execute customer orders for municipal securities.

See: Registration for MSRB Webinar. Related news: SEC Approves MSRB's Best-Execution Rule (MSRB Regulatory Notice 2014-22) (December 8, 2014) MSRB-Proposed Rule Regarding Best-Execution for Municipal Securities Transactions Published (Fed. Reg.) (September 8, 2014); MSRB Requests SEC Approval to Establish Best-Execution Rule for Municipal Securities Transactions (with Lofchie Comment) (August 20, 2014).