23 Sep 2025
📉SEC Plans to Cancel Municipal Advisor Registration for Melio & Company
Notice of Intention To Cancel Registration of a Certain Municipal Advisor Pursuant to Section 15b(c)(3) of the Securities Exchange Act of 1934
Summary
The SEC announces its intention to cancel the registration of Melio & Company, LLC as a municipal advisor due to failure to meet ongoing reporting and registration requirements. Interested parties may request a hearing before cancellation is finalized. This highlights the importance of compliance with SEC regulations for municipal advisors.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC's intention to cancel the registration of Melio & Company, LLC as a municipal advisor indicates regulatory compliance issues. Businesses should ensure their municipal advisor registrations are maintained and that they adhere to SEC reporting requirements to avoid similar actions.