Rule
Summary
Prohibits the solicitation of transactions in municipal securities with or for an investment company account in return for sales by the dealer of shares or units in the investment company.
No broker, dealer, or municipal securities dealer shall solicit transactions in municipal securities with or for the account of an investment company as defined in the Investment Company Act of 1940, as compensation or in return for sales by such broker, dealer, or municipal securities dealer of participations, shares, or units in such investment company.
Compliance Resources
No Compliance Resources for this rule
Rule History
No Rule History for this rule.
Interpretive Guidance
No Interpretive Guidance for this rule
