Availability of MSRB Rules
Under MSRB Rule G-29, every dealer must keep a copy of all MSRB rules in each office involved in municipal securities business. A dealer must make MSRB rules available to customers promptly upon request.
Exercise: Answer true or false.
- 1. True or false. Municipal securities dealers are required to register with either the SEC or MSRB.
- 2. True or false. The person designated as the broker-dealer’s primary electronic mail contact must be a registered principal.
- 3. True or false. Municipal securities dealers are required to pay an annual fee of $100 to the MSRB.
- 4. True or false. If a broker-dealer ceases to conduct municipal securities transactions, it need not take any further action with the MSRB.
- 5. True or false. All broker-dealer offices engaged in municipal securities business must keep a copy of MSRB rules available for customer review.
- 6. True or false. After the SEC receives a broker-dealer’s application, assuming no problems, registration with the SEC will generally be effective within