The MSRB requested public comment on how to most effectively facilitate compliance with, and understanding of, MSRB regulatory requirements for brokers, dealers, municipal securities dealers and municipal advisors. In a Regulatory Notice, the MSRB outlined its current compliance support framework and raised questions on four specific topics for comment.
The four areas of concern are:
- Stakeholder engagement, including recommendations for attending conferences and events, and enhancements of existing outreach programs;
- Interpretive guidance, advisories, compliance resources and regulatory reminders, including which topic areas the MSRB should prioritize, and updates or clarifications concerning current guidance;
- Website and email communications, including the organization and content related to the MSRB online Compliance Center; and
- The examination process, including how the MSRB can help entities understand the MSRB's role in the examination and enforcement process, and whether there are any data reports that the MSRB should make available to assist firms with monitoring compliance.
Comments must be received by December 22, 2017.
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