MSRB Requests Comment on Revisions to Suitability Rule.

The Municipal Securities Rulemaking Board (MSRB) is seeking comment on proposed revisions to a rule requiring municipal securities dealers to ensure that recommended municipal securities transactions are suitable for their customers. The changes would add additional considerations for analyzing the suitability of a recommendation and make explicit the requirement that recommendations of investment strategies must also be suitable for the customer.

http://www.msrb.org/News-and-Events/Press-Releases/2013/MSRB-Requests-Comment-on-Revisions-to-Suitability-Rule.aspx



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