Small Firms: Direct Your Questions and Feedback Here!
by Saliha Olgun, Interim Chief Regulatory Officer
To better serve the unique needs and challenges of small dealer and municipal advisory firms, the MSRB has established two dedicated small firm contacts. We stand ready to answer your questions and hear your concerns and suggestions. You may reach us at the contact information provided below.
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Saliha Olgun |
Carol Converso |
Our contact information also will be posted to a new webpage that we are planning to launch for the small firm community, so stay tuned! The webpage will contain links of interest to small firms, communications and other information.
In the meantime, all firms, large and small alike, can access helpful links of interest, a repository of resources that address common compliance questions and past editions of the Compliance Corner newsletter. Additionally, this webpage includes a link to an archive of all previously distributed “Compliance Tips of the Week,” a weekly email for regulated entities that has now been discontinued. If you have questions that you think could benefit from being answered on our common compliance questions webpage, please send your suggestions to Compliance@msrb.org.
As part of our ongoing efforts to provide support to the diverse universe of regulated entities, such as the minority- and women-owned business enterprises that participated in a series of roundtables on fostering greater inclusiveness across the municipal market that the MSRB hosted in partnership with the Financial Industry Regulatory Authority (FINRA), it’s important that we hear from you. We look forward to the continued occasions for regulators and regulated entities to come together for productive dialogue and to opportunities that enhance our overall understanding of resources that will support your general regulatory and compliance needs.
In that spirit, we invite you to please mark your calendars for a free virtual Joint Compliance Outreach Program for Municipal Advisors, Dealers, and Other Market Professionals, jointly hosted by the MSRB, SEC and FINRA on Thursday, December 7, 2023. In preparation for the event, we welcome your suggestions for topics to cover. You can direct them to MSRBEvents@msrb.org. More information about the event will follow closer to the date of the event.
Latest Compliance Resources
The MSRB continually adds and updates compliance resources to its online library to support regulated entities’ understanding of MSRB rules and applicability to current market practices. Latest updates include:
- A series of resources to support municipal advisor compliance with amended MSRB Rule G-40 on advertising, which now permits municipal advisors to use testimonials in their advertisements, subject to certain conditions.
- An on-demand webinar reviewing mark-up disclosure requirements under MSRB Rule G-15 as well as how to determine prevailing market price of a security under Rule G-30.
The mark-up disclosure webinar is the third in a series of Compliance
On-Demand webinars the MSRB introduced last year, which are available for continuing education credit. The other two webinars in this series cover:
- Rule G-20 on Gifts, Gratuities, Non-Cash Compensation and Expenses of Issuance, and
- Rule G-37 on Political Contributions and Prohibitions
The MSRB’s Compliance On-Demand webinars are available on msrb.org in the MSRB's on-demand webinar library.
