Date: June 28, 2012
Contact: Jennifer A. Galloway, Chief Communications Officer
EDUCATIONAL MATERIALS ON MSRB RULE G-17 NOW AVAILABLE
Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) today made available educational materials on the upcoming changes to MSRB Rule G-17 on the duties of underwriters to state and local governments. The materials include a four-part recorded webinar and associated PowerPoint presentations. The materials are available on the MSRB’s website at www.msrb.org.
The new requirements for underwriters, which are effective August 2, 2012, are outlined in an interpretive notice on MSRB Rule G-17. They include explicit and expanded requirements for underwriters aimed at protecting state and local governments that issue municipal bonds. The new rules create affirmative obligations for underwriters to ensure that municipal bond issuers have the information they need to make informed decisions.
Read the complete new regulations.