SEC Orders MSRB to Move to Next Phase on Core Standards of Conduct for Municipal Advisors

The SEC ordered MSRB to begin an additional phase of rulemaking for the MSRB-proposed Rule G-42 process to "establish core standards of conduct for municipal advisors."

See: SEC Order Instituting Proceedings Whether to Approve or Disapprove Proposed Rule G-42; MSRB Press Release Announcing Additional Phase of Rulemaking.Related News: SIFMA Submits Additional Comments Regarding Proposed Changes to MSRB Rule G-42(June 3, 2015); SIFMA Submits Comments to MSRB on Revised Proposal Regarding Duties of Non-Solicitor Municipal Advisors (August 26, 2014 ); SIFMA Submits Comments to MSRB on Duties of Non-Solicitor Municipal Advisors (March 11, 2014 ).