What is MSRB Rule g 37?
Rule G-37 attempts to sever any connection between the making of contributions and the awarding of municipal securities business by prohibiting the dealer from engaging in municipal securities business with the issuer for two years from the date the contribution was made.
What is MSRB Rule?
The Municipal Securities Rulemaking Board, (MSRB), is a regulating body which creates rules and policies for investment firms and banks in the issuing and sale of municipal bonds, notes, and other municipal securities.
What is a municipal finance professional?
An MFP is any person who works in municipal underwriting, sales, trading, research, financial advisory, or investment advice.
Who is subject to MSRB rules?
The MSRB uses three key tools to accomplish its mission: The MSRB establishes rules for the municipal securities dealers and municipal advisors that engage in municipal securities and municipal advisory activities.
Which of the following is defined as a municipal finance professional quizlet?
An associated person who lobbies for underwriting, trading, financial advisory or consultant services business from municipal issuers (A Municipal Finance Professional (MFP) is someone who is an associated person (that is, a registered representative) who solicits municipal securities business from issuers.
Which of these is the most appropriate action for a registered representative to take after receiving a written complaint letter from a client?
Which of these is the most appropriate action for a registered representative to take after receiving a written complaint letter from a client? Turn the letter over to the representative’s supervisor.
Who is not regulated by MSRB?
Importantly, the MSRB is not authorized to regulate municipal entities, including state and local government issuers of municipal securities.
What entities are tasked with enforcing MSRB rules on broker dealers?
The enforcement agencies for the MSRB are: Office of the Comptroller of Currency, Federal Deposit Insurance Corporation, and the Federal Reserve Board for bank dealers that are not registered with FINRA and the SEC and thus are only subject to inspection by the bank regulators; and the SEC and FINRA for broker-dealers.
Which of the following actions should be taken if a registered representative RR receives a written complaint from a customer?
Which of the following actions should be taken if a registered representative (RR) receives a written complaint from a customer? The RR should forward the complaint to her principal.