BDA Comments on MSRB Strategic Priorities

BDA today filed a comment letter with the MSRB on Notice 2020-19, “MSRB Requests Input on Strategic Goals and Priorities.”

The letter can be viewed here.

In our letter, we provide views on topics such as the SEC’s proposed Exemptive Order on the role of Municipal Advisors on Private Placements, MSRB finances, retail order periods, the IRS’s de minimis market discount rule, regulatory and compliance guidance, and Rule G-17 underwriter disclosures, among other topics.

Thank you to those who contributed to the project. Please call or write with comments or questions.

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