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Municipalities Dodd-Frank Wall Street Reform and Consumer Protection Act Compliance

Burr & Forman

SEC Announces First Wave of MCDC Underwriter Sanctions

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The Securities Exchange Commission announced June 18 the first major wave of underwriter sanctions under its Municipalities Continuing Disclosure Cooperation (“MCDC”) Initiative. The SEC sanctioned 36 municipal underwriting...more

Burr & Forman

SEC Approves Supervision & Compliance Rule for Municipal Advisors

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The SEC last week approved new MSRB Rule G-44 implementing supervision and compliance requirements for municipal advisors. The MSRB touted the Rule as “its first dedicated rule for municipal advisors” under the Dodd-Frank...more

Dickinson Wright

The Dodd-Frank Act And Municipal Advisor Rules

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The Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) was signed into law by President Obama on July 21, 2010. The Dodd-Frank Act was enacted in response to the financial crisis that began in...more

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