WASHINGTON – As the deadline for municipal advisors to pass their qualification exam approaches, roughly 26% of registered firms have no advisors who have qualified, potentially leaving issuers with fewer firms on which to rely, according to regulators.
Those firms have until Sept. 12 to either have an advisor pass the Series 50 exam or get out of the business.
The Bond Buyer
By Jack Casey
Published June 19 2017, 12∶48pm EDT