Series 54: 1.2.2. Municipal Entities And Obligated Persons

Taken from our Series 54 Online Guide

1.2.2.  Municipal Entities and Obligated Persons

According to the MSRB, a municipal entity is defined as:

Any agency, authority, state, or local government

Any plan, program, or pool of assets sponsored or established by the state, agency, authority, or local government

Any other issuer of municipal securities

The definition includes, but is not limited to, public pension funds, LGIPs, and other state and local governmental entities or funds, as well as participant-directed investment programs or plans, such as 529, 403(b), an

Since you're reading about Series 54: 1.2.2. Municipal Entities And Obligated Persons, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 54
Please Enable Javascript
to view this content!