MSRB: Revised Proposal on Rule G-38 Independent Solicitors of Municipal Securities Business

ABA Contact: Cris Naser
Published: MSRB
Comments due: December 15, 2004
Disposition: Filed


The Municipal Securities Rulemaking Board has issued a revised proposal to require that persons or companies hired by broker-dealers to solicit municipal securities business on their behalf will be (1) associated persons of the broker-dealer; (2) subject to MSRB rules on fair dealing; and (3) subject to Rule G-37 on political contributions.

2004 Regulations Chart
Comment Letter

Questions?  Please contact Cris Naser for more information.