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Rules with Recent

Expanded Compact
Number Name Status Rule Category Regulated Entity
Rule G-17 Conduct of Municipal Securities and Municipal Advisory Activities
Fair Practice Dealers, Municipal Advisors, Bank Dealers, Municipal Fund Securities
Rule G-25 Improper Use of Assets Fair Practice Dealers, Bank Dealers
Rule G-17
Last Updated: 11/06/2019
Conduct of Municipal Securities and Municipal Advisory Activities

Rule Summary: Requires dealers and municipal advisors to deal fairly with all persons and not to engage in any deceptive, dishonest or unfair practice.

Rule for:

Dealers, Municipal Advisors, Bank Dealers, Municipal Fund Securities

Status:
Request for Comment (12/11/2024)
Concept Release: MSRB Requests Comment on Potential Modernization of Municipal Fund Securities Disclosure Obligations
View Notice
Guidance (03/03/2025)
Time of Trade Disclosures in Inter-Dealer Transactions
View Guidance
Rule G-25
Last Updated: 09/19/1983
Improper Use of Assets

Rule Summary: Prohibits dealers from improperly using municipal securities or funds held on behalf of another person, guaranteeing customers against loss in customer accounts and transactions, and sharing in profits and losses of customer accounts and transactions by any dealer.

Rule for:

Dealers, Bank Dealers

Status:
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