Regulatory Update: MSRB Rule G-40 – Advertising Rules for Municipal Advisors Effective

The MSRB Rule G-40, advertising by municipal advisors (the “advertising rules”) is effective today, August 23, 2019. Note that the MSRB also amended the advertising rules regarding the supervisory pre-approval requirements to interactive marketing content and published FAQs on social media.  These rule aspects and guidance will also be incorporated into updated policies and procedures. Read the Rule. – http://www.msrb.org/Rules-and-Interpretations/MSRB-Rules/General/Rule-G-40-8-23-2019.aspx  Read the notice. – https://msrb.org/~/media/Files/Regulatory-Notices/Announcements/2019-07.ashx?la=en Read the FAQs. – https://msrb.org/~/media/Files/Resources/FAQs-on-Use-of-Social-Media-under-MSRB-Advertising-Rules.ashx?la=en Read the rule filing. – https://msrb.org/~/media/Files/SEC-Filings/2019/MSRB-2019-05.ashx