SEC Designates FINRA as Administrator of Professional Qualification Tests for Associated Persons of Registered Municipal Advisors (Fed. Reg.)

The SEC designated FINRA to administer professional qualification tests for associated persons of registered municipal advisors pursuant to the amendments made to Section 15B (Municipal Securities) of the Exchange Act bySection 975 (Regulation of municipal securities and changes to the board of the MSRB) of Dodd-Frank.

This designation will be effective August 17, 2015.

See: 80 FR 50883 - Designation of the Financial Industry Regulatory Authority To Administer Professional Qualification Tests for Associated Persons of Registered Municipal Advisors.