Regulatory Alerts2016-09-28 | 2016-23224Added · Updated
Political Contributions by Certain Investment Advisers: Ban on Third-Party Solicitation; Order With Respect to MSRB Rule G-37
The Securities and Exchange Commission issued an order finding that the Municipal Securities Rulemaking Board's Rule G-37 imposes substantially equivalent or more stringent restrictions on municipal advisors than the SEC's Pay to Play Rule imposes on investment advisers. This determination confirms that MSRB Rule G-37 is consistent with the objectives of the SEC Pay to Play Rule, thereby allowing municipal advisors subject to MSRB rules to qualify as "regulated persons" under SEC regulations. The order follows a notice of intent period during which no requests for a hearing were received.
More like this from SEC
SEC published 3 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share