The MSRB provided additional guidance for regulated entities concerning COVID-19-related regulatory relief.
The FAQs address, among other things:
- relief from examination requirements under MSRB Rule G-3 ("Professional Qualification Requirements");
- supervisory considerations under MSRB Rule G-27 ("Supervision");
- transaction reporting obligations under Federal Reserve Board facilities;
- the process for providing customers with mark-up disclosures pursuant to MSRB Rule G-15 ("Confirmation, Clearance, Settlement and Other Uniform Practice Requirements with Respect to Transactions with Customers"); and
- best execution obligations under MSRB Rule G-18 ("Best Execution") and fair pricing obligations under MSRB Rule G-30 ("Prices and Commissions").
Primary Sources
Originally published 11 June 2020
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.
