Archived Guidance Related to Rule Book Review

Listed below are all interpretations that have been deleted as part of the MSRB's ongoing initiative to review and consolidate its Rule Book. The full text of these interpretations continues to be available in past editions of the MSRB Rule Book.

As of November 16, 2016 (refer to MSRB Notice 2016-21)    

  • Notice Concerning Calendar of Procedures Under Rule G-12 on Uniform Practice - October 1, 1981
  • Notice Concerning Use of PEX System for Close-Outs: Rule G-12 - March 31, 1993
  • Use of Facsimile Transmissions for Close-Outs: Rule G-12(h) - December 20, 1996
  • Close-out procedures: timing of payments on retransmittals - September 23, 1983
  • Close-out procedures: transactions involving introducing broker - March 5, 1984
As of July 7, 2014 (refer to MSRB Notice 2014-11 )
  • Review of Dealer Pricing Responsibilities - January 26, 2004
  • Republication of September 1980, Report on Pricing - October 3, 1984
  • Interpretive Notice on Pricing of Callable Securities - August 10, 1979
  • Factors in Pricing - November 29, 1993

As of July 5, 2014 (refer to MSRB Notice 2014-07 )

  • Interpretive Notice Regarding Rule G-17, on Disclosure of Material Facts - March 18, 2002
  • Notice of Interpretation of Rule G-17 Concerning Minimum Denominations - January 30, 2002
  • Notice Concerning Disclosure of Call Information to Customers of Municipal Securities - March 4, 1986
  • Notice Regarding Application of Rule G-19, on Suitability of Recommendations and Transactions, to Online Communications - September 25, 2002
  • Application of Suitability Requirements to Investment Seminars and Customer Inquiries Made in Response to Dealer's Advertisements - April 25, 1985 (updated 1994)
  • Recommendations - February 17, 1998
  • Recommendations: Advertisements - February 24, 1994
  • Restated Interpretive Notice Regarding the Application of MSRB Rules to Transactions with Sophisticated Municipal Market Professionals - July 9, 2012
  • Interpretive Notice Regarding the Application of MSRB Rules to Transactions with Sophisticated Municipal Market Professionals - April 30, 2002
  • MSRB Answers Frequently Asked Questions Regarding Dealer Disclosure Obligations Under MSRB Rule G-17 - November 30, 2011
  • Application of MSRB Rules to Transactions in Auction Rate Securities - February 19, 2008

As of May 12, 2014 (refer to MSRB Notice 2014-05)

  • Registered municipal securities dealer – June 11, 1981
  • Fully disclosed broker – April 4, 1978
  • Extent and type of municipal securities activities – May 3, 1978

 

...