The Securities and Exchange Commission, the Financial Industry
Regulatory Authority (FINRA), and the Municipal Securities Rulemaking
Board (MSRB) today announced the opening of registration for the
Compliance Outreach Program for Municipal Advisors to be held on
November 10 as a
live webcast on the MSRB website.
The SEC's Office of Compliance Inspections and Examinations (OCIE)
and Office of Municipal Securities are partnering with FINRA and the
MSRB to sponsor the program, which will run from 3:00 p.m. to 4:30 p.m.
Eastern time. The webinar will highlight OCIE and FINRA staff
examination findings on municipal advisors' registration and give
municipal advisors a detailed explanation of the registration process.
"This webinar is designed to promote compliance with municipal
advisor registration rules by providing municipal advisor professionals
the opportunity to hear from all three regulators on the important
topics of initial and ongoing SEC and MSRB registration obligations,"
said Jessica Kane, Director of the SEC's Office of Municipal Securities.
"This municipal advisor outreach will take municipal advisors
through the registration processes at the SEC and the MSRB to help
ensure proper regulatory compliance," said Suzanne McGovern, Assistant
Director of the SEC's broker-dealer and municipal advisor examination
programs.
Mike Rufino, FINRA's Head of Member Regulation-Sales Practice,
said, "The discussions covering the information required to complete the
initial registration process and meet firms' ongoing obligations will
be valuable to municipal advisors. Any firm that is uncertain as
to the regulatory expectations of firms in completing and updating their
municipal advisor applications will benefit from participating in the
webinar."
"This program is consistent with the MSRB's goal of providing
resources to municipal advisors to help them understand their regulatory
obligations," said Lynnette Kelly, Executive Director of the MSRB.
"Municipal advisors will benefit from hearing first-hand from our
staff."
There is no cost to attend the program. Registration is open
to all municipal advisor professionals. Please register for the program
here.
Information on accessing the webcast will be posted on the SEC,
FINRA and the MSRB websites on the day of the program. For
additional information visit the
SEC,
FINRA, or the
MSRB website.