MSRB Proposes Best Execution Rule

February 24, 2014
Client Alert

For the first time in its history the Municipal Securities Rulemaking Board has proposed a “best execution” rule for municipal securities transactions. The MSRB modeled the rule on the Financial Industry Regulatory Authority’s best-execution rule for equity and non-municipal fixed income securities. The MSRB is accepting comments on the proposal through March 21, 2014.

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