The SEC requested comments on an MSRB proposal that would implement provisions regarding minimum denominations for an issue of municipal securities. The MSRB proposal concerns draft MSRB Rule G-49 regarding transactions below the minimum denomination for an issue of municipal securities. The request for comments was published in the Federal Register.

Comments on the proposal must be submitted by March 2, 2017.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.