Municipal securities dealers and municipal advisors engaging in underwriting or advisory activities are subject to MSRB rules and must be registered with the MSRB. MSRB rules are designed to promote fair, efficient and transparent transactions; to prevent fraudulent, manipulative and other unfair practices; and to minimize dealer and advisor conflicts of interest.
Municipal entities and obligated persons that use the services of municipal securities dealers or municipal advisors may refer to the MSRB’s registration lists to check if their dealers and advisors are registered with the MSRB. Links to these lists may be found below.
List of MSRB-Registered Dealers
List of MSRB-Registered Municipal Advisors