Series 50: MFPs And MAPs

MFPs and MAPs

Municipal advisor professionals (MAPs) include:

• • Municipal Advisor Representatives—associated persons engaged in municipal advisory activities (not including clerical or ministerial functions)
• • Municipal advisor solicitors—associated persons who solicit business from municipal entities on behalf of the municipal advisor (or a dealer in the case of a third-party solicitor)
• • Municipal advisor principals—principals who manage Municipal Advisor Representatives
• • Dealer supervisory chain persons—any associated persons who supervise a municipal advisor principal, up to and including the CEO
• • Members of a dealer’s executive or management committee (i.e. municipal advisor executive officers)

A non-MAP executive officer is an executive who does not supervise any municipal advisor professionals.

Municipal finance professionals (MFPs) include:

• • Municipal finance representatives—associated persons engaged in