MSRB Notice 2003-9  (March 4, 2003)

SEC APPROVES AMENDMENT TO RULE G-28 ON SALES TO EMPLOYEES OF OTHER DEALERS

 

The Securities and Exchange Commission has approved an amendment to Municipal Securities Rulemaking Board Rule G-28, on transactions with employees and partners of other municipal securities dealers, that exempts transactions in municipal fund securities from the requirements of the rule.[1]  For a more detailed description of the amendment and the text of the rule change, see “Notice of Proposed Amendment to Rule G-28 on Sales to Employees of Other Dealers,” December 20, 2002.

March 4, 2003

---