Ban on Business
A contribution will trigger a ban on municipal advisory business of a municipal advisor with a municipal entity if the contribution was made by any of the following:
•Municipal advisor
•Municipal advisor professional (MAP)
•Political action committee (PAC) that is controlled by either the municipal advisor or a MAP of the municipal advisor
•Municipal advisor third-party solicitor or one of its MAPs or PACs (and the firm was engaged by a municipal advisor to solicit municipal advisory business)
Municipal advisory business includes any activities that would require a person to be registered as a municipal advisor. This includes giving advice on the issuing of municipal securities and soliciting municipal entities and their obligated persons.
A contribution will trigger a ban on municipal securities business with a municipal entity if the contribution was made by any of the following:
•Municipal securities dealers (including brokers and dealers)
•Municipal finance professional (MFP)
•PAC that is controlled by either the municipal securities dealer or an MFP of the municipal securities dealer
•Municipal advisor third-party solicitor or one of its MAPs or PACs (and the firm was engaged by a municipal securities dealer to solicit municipal securities business)
Municipal securities business in this context is def