The Municipal Securities Rulemaking Board (MSRB) reminds municipal advisors that new MSRB Rule G-44, which establishes the supervisory and compliance obligations of municipal advisors, became effective on April 23, 2015. The MSRB has provided an educational document designed to support municipal advisors’ development of effective policies and procedures for supervision and compliance, particularly for municipal advisors that are newly subject to regulatory oversight.
Read Considerations for Developing a Municipal Advisory Supervisory and Compliance System.