Regulation & law · 25/09/2009

MSRB Proposes Rule Change on Customer Confirmations in Municipal Securities Transactions

The Municipal Securities Rulemaking Board (MSRB) has filed a proposed rule change with the Securities and Exchange Commission (SEC) to update MSRB Rule G-15(a), which pertains to customer confirmations in municipal securities transactions. The proposed rule change, which is effective immediately, aims to enhance transparency and clarity in these transactions.