This program provides an open forum for municipal advisory industry professionals to engage regulators about compliance practices, which may promote a more effective compliance structure. The event will be held in Atlanta, GA at the SEC’s Regional Office on November 8th from 9:00 am to 4:00 pm EST. In addition, the program will have a live webcast on the SEC’s website.

This event is sponsored by the SEC’s Office of Compliance Inspections and Examinations and the Office of Municipal Securities in conjunction with MSRB and FINRA. Lynette Kelly, Executive Director of MSRB, said, “This program is consistent with the MSRB’s goal of assisting municipal advisors in understanding and complying with their regulatory obligations, and municipal advisors will benefit from getting first-hand feedback from our staff.”

“Any firm that wants to enhance its understanding of the regulatory expectations in the important areas of fiduciary duty and supervision will benefit from participating in the outreach program,” said Mike Rufino, FINRA’s Head of Member Regulation-Sales Practice.

MSRB is administering the registration process. The program is free to attend with a maximum of two in-person attendees per firm. Attendance is limited to a first-come, first-serve basis, though, again, the program will be shown as a live webcast on the SEC’s website. Registration is available online.
Additional information and the program agenda is available on the SEC, MSRB,
and FINRA websites.

Sources

SEC, MSRB, FINRA to Hold Compliance Outreach Program for Municipal Advisors (sec.gov)
2017 Compliance Outreach Program for Municipal Advisors (sec.gov)
MSRB Upcoming Events (msrb.org)
FINRA Municipal Advisor Regulation (finra.org)