5/24/2011

The Municipal Securities Rulemaking Board plans to file with the Securities and Exchange Commission regarding several of the board's rules. For example, the MSRB revised its amendments to Rule G-20 to clarify a proposal to restrict gratuities and gifts to municipal bond advisers. The MSRB also plans filings on Rule G-36 regarding muni advisers' fiduciary duty, and Rule G-17, which pertains to fair dealing guidance for muni underwriters and advisers. Read the letter SIFMA submitted regarding the proposal.

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