Request for Comment on Draft Amendment to Limit Dealer Consents to Changes in Authorizing Documents for Municipal Securities (MSRB Notice)
The MSRB is requesting comment on a draft amendment to MSRB Rule G-11 (on primary offering practices) (the "Draft Rule G-11 Amendment") concerning the practice by brokers, dealers, and municipal securities dealers ("dealers") of consenting to changes in authorizing documents for municipal securities. The Draft Rule G-11 Amendment seeks to address concerns raised in comments received by the MSRB from market participants on an earlier draft interpretive notice relating to such practice.
View notice in full here (links externally to MSRB website).