BDA Submits Comment Letter on Proposed Rule G-42

BDA’s letter focuses on the following issues:

• Timing of disclosure of conflicts of interest
• Principal transactions
• Documentation of recommendations
• Reference to Rule G-23
• Reference to bank loans

The BDA has also submitted two previous comments letters to the MSRB on this topic, available below.

• View BDA’s August 25, 2014 comment letter here.
• View BDA’s March 10, 2014 comment letter here.