Series 54: 2.2.2. Duties Of Non-Solicitor Municipal Advisors (Rule G-42)

2.2.2. Duties of Non-Solicitor Municipal Advisors (Rule G-42)

The MSRB requires that non-solicitor 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 contrast, the MSRB also requires non-solicitor municipal advisors who are serving obligated clients to only uphold the duty of care, not the duty of loyalty. A non-so