Series 7: 3.6.41 Rule G-42—Duties Of Non-Solicitor Municipal Advisors

Taken from our Series 7 Top-off Online Guide

3.6.41  Rule G-42—Duties of Non-Solicitor Municipal Advisors

The MSRB requires that municipal advisors meet certain standards of conduct in their dealings with municipal entities, which includes fulfilling two duties: a duty of care and a duty of loyalty.

In order to fulfill its duty of care, the municipal advisor must have enough knowledge and expertise to give informed advice, reasonably inquire into all r

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