SEC & MSRB Host Outreach for Municipal Market Compliance Insights

The SEC's Office of Municipal Securities and the MSRB are hosting an outreach event designed for professionals in the municipal market. This event provides a platform for municipal securities dealers and advisors to share their insights on evolving business practices, regulatory challenges, and technological advancements. Key topics to be addressed include conflicts of interest, broker-dealer primary offering and pricing practices, and compliance concerns, all critical for maintaining regulatory adherence in the municipal securities landscape.

Dave Sanchez, Director of the SEC’s Office of Municipal Securities, emphasized the importance of these discussions in fostering a more efficient regulatory environment. The insights gathered will inform the ongoing retrospective rule review aimed at modernizing requirements and reducing undue burdens on market participants. MSRB Chief Regulatory and Policy Officer Ernesto Lanza also highlighted the significance of understanding the challenges faced by dealers and municipal advisors in fulfilling their regulatory obligations.

Compliance professionals are encouraged to register and participate in this event to ensure their voices are heard and to stay informed on the latest regulatory developments affecting the municipal securities market.