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Municipal Advisers Dodd-Frank Wall Street Reform and Consumer Protection Act Securities Exchange Act

Burr & Forman

SEC & MSRB’s Pay-to-Play Rule: “Governing Games - Mocking, Part 2”

Burr & Forman on

This SRO gamesmanship is making a mockery of governing. The latest is the SEC’s position that it didn’t take any action on the new MSRB Rules extending pay-to-play prohibitions to municipal advisors, so it can’t be sued...more

Bracewell LLP

Municipal Advisor, School Consultant, and Associated Individuals Enter Settlement Offers with SEC after First-of-Its-Kind...

Bracewell LLP on

On June 13, 2016, the Securities and Exchange Commission (SEC) accepted the settlement offers made by two firms and three executives charged with using deceptive business practices in dealing with five school districts. As...more

Bracewell LLP

New Municipal Advisor Supervision Requirements Adopted

Bracewell LLP on

Rule G-44, proposed earlier this year by the Municipal Securities Regulation Board (MSRB) and approved by the Securities and Exchange Commission (SEC) this month, requires that municipal advisors develop internal supervisory...more

Morrison & Foerster LLP

SEC’s Final Municipal Advisor Registration Rules Will Take Effect on July 1, 2014

The Securities and Exchange Commission’s (SEC) temporary stay on its final municipal advisor rules under Section 15B of the Securities Exchange Act of 1934 (the “Exchange Act”) expires July 1, 2014. Accordingly, municipal...more

Latham & Watkins LLP

The Final Municipal Advisor Rule: Navigating the Minefield

Latham & Watkins LLP on

On January 13, 2014, the final rules (the Final Rule) for the registration of municipal advisors with the Securities and Exchange Commission (SEC) become effective, putting in place a permanent registration regime...more

Goodwin

SEC Adopts Final Rules for Municipal Advisors

Goodwin on

The SEC issued final rules requiring the registration of municipal advisors in SEC Release No. 34-70462 (the “Release”). The rules implement Section 975 of the Dodd-Frank Act, which amended Section 15B of the Securities...more

Orrick - Finance 20/20

Extension of Temporary Registration of Municipal Advisors

Orrick - Finance 20/20 on

On September 23, the SEC amended interim final temporary Rule 15Ba2-6T, which provides for the temporary registration of municipal advisors under the Exchange Act, as amended by the Dodd-Frank Act, extending the date on which...more

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