19 Sep 2025
📊MSRB Proposes Changes to Municipal Securities Reporting Rules
Self-Regulatory Organizations; Municipal Securities Rulemaking Board; Order Approving a Proposed Rule Change To Amend Rule G-14 RTRS Procedures Under MSRB Rule G-14 Regarding the Timing of Reporting Transactions in Municipal Securities to the MSRB and To Make a Related Amendment to Rule G-12
Summary
The proposed rule change by the Municipal Securities Rulemaking Board (MSRB) aims to amend the reporting requirements of municipal securities transactions. Notably, it reinstates the 15-minute reporting timeframe while retaining the “as soon as practicable” requirement, addressing compliance and operational burdens associated with previous amendments.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content describes regulatory changes made by the MSRB concerning transaction reporting in municipal securities, specifically regarding the reporting timeframe. This directly impacts compliance requirements for businesses involved in municipal securities transactions, potentially affecting operational costs and efficiencies.