Bond Case Briefs

The Bond Dealers of America submitted a comment letter to the SEC on MSRB’s proposed pay-to-play rule. You can review the draft letter here.

More specifically, the letter addresses:

• BDA’s support of extending MSRB’s rule to cover MAs;
• BDA’s request for additional guidance on regulatory filings for dealers; and,
• BDA’s request to raise the de minimis threshold from $250 to $350 to harmonize the contribution limit with other regulators

Additional information:

• You can view MSRB’s filing to the SEC here.
• You can view BDA’s previous comment letter to on G-37 here.