On September 12, the MSRB filed a proposed rule change with the SEC to extend the effective date of the requirement to post credit ratings on the EMMA public website. The proposed rule changes the effective date from October 13 to December 13. MSRB Release.
proposed rule change
MSRB Proposal to Prohibit Dealers from Acting as Financial Advisors and Underwriters
On February 9, the MSRB filed with the SEC a proposed rule change to prohibit a broker, dealer, or municipal securities dealer from acting both as a financial advisor to an issuer of municipal securities and as an underwriter for the same new issue of municipal securities. MSRB Release. MSRB Notice.