Availability of MSRB Rules

Under MSRB Rule G-29, every broker-dealer must keep a copy of all MSRB rules in each office involved in municipal securities business. A broker-dealer must make MSRB rules available to customers promptly upon request.

Exercise

Answer true or false.

1. 1. True or false: Municipal securities dealers are required to register with either the SEC or MSRB.
2. 2. True or false: Municipal securities dealers are required to pay an annual fee of $100 to the MSRB.
3. 3. True or false: If a broker-dealer ceases to conduct municipal securities transactions, it need not take any further action with the MSRB.
4. 4. True or false: All broker-dealer offices engaged in municipal securities business must keep a copy of MSRB rules available for customer review.
5. 5. True or false. After the SEC receives a broker-dealer’s application, assuming no problems, registration with the SEC will generally b