Municipal Time of Trade Disclosure 2017-05-29T20:01:52+00:00

Municipal Time of Trade Disclosure

This paper written by Gregg Bienstock explains the MSRB rules that received SEC approval on March 7, 2014. Please register below to download the full article.

The Municipal Securities Rulemaking Board (MSRB) consolidated extensive interpretive guidance on the fair-practice obligations of municipal securities dealers into three new rules and amendments to an existing rule. Rules focused on Time-of-Trade Disclosures to investors, dealers’ dealings with non-sophisticated municipal market professionals and suitability of dealers’ recommendations of municipal securities transactions.