2.2.2.8. Non-Solicitor Municipal Advisor Prohibitions
Rule G-42 specifically prohibits a non-solicitor municipal advisor from doing the following:
• Being compensated excessively for its activities
• Providing an invoice that contains material inaccuracies
• Providing any information that it knows or should know is false or misleading when attempting to secure a municipal advisory relationship
• Being involved in a fee-splitting arrangement with an underwriter on a transaction