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The MSRB proposed to eliminate MSRB Rule G-29. The rule requires that an up-to-date copy of the MSRB rules be kept in each office where municipal securities dealer activities are performed.
within Intellectual Property, Food, Drugs, Healthcare, Life Sciences and International Law topic(s)
The MSRB proposed to eliminate MSRB Rule
G-29. The rule requires that an up-to-date copy of the MSRB
rules be kept in each office where municipal securities dealer
activities are performed. As part of its retrospective rule review,
the MSRB stated that, "in light of the widespread availability
of the MSRB Rulebook online," Rule G-29 is not
necessary to ensure customers and municipal securities
professionals have access to MSRB rules. In addition, the MSRB
noted that the proposal contributes to continuing efforts to
enhance market efficiency by removing unneeded regulatory
requirements.
The MSRB designated the proposal for immediate effectiveness.
The operative date of the proposal will be June 3, 2019.
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