Novaworks Weblog - MSRB

XBRL US Opens Registration for GovFin 2026: A Changing Climate for Municipal Disclosures

nospam@example.com (LeAnn Dey) — Thu, 13 Aug 2026 09:45:00 -0400

XBRL US is hosting a one-day conference to discuss how high‑quality, consistent, and timely data helps municipal leaders respond to economic and regulatory change, improve public‑service delivery, and make informed budget decisions. The conference will take place Tuesday, September 22, 2026, and registration for the virtual event is required.

Continue reading "XBRL US Opens Registration for GovFin 2026: A Changing Climate for Municipal Disclosures"

MSRB Proposes Updates to Dealer Supervision Rule G‑27

nospam@example.com (LeAnn Dey) — Thu, 06 Aug 2026 17:15:00 -0400

On July 27th, the MSRB released for public review and comment a rule proposal with the SEC that would update Rule G‑27, modernize dealer supervision requirements, and reflect current business practices, including hybrid work environments. The proposal is part of the MSRB’s ongoing retrospective rule review. The MSRB notes that technological advances allow firms to supervise municipal securities activities with increased efficacy across decentralized locations. The proposed rules are designed to provide dealers with more flexibility without modifying core supervisory obligations. Continue reading "MSRB Proposes Updates to Dealer Supervision Rule G‑27"

SEC Staff Updates FAQs for Registration of Municipal Advisors

nospam@example.com (LeAnn Dey) — Wed, 29 Jul 2026 11:00:00 -0400

On July 16th, the SEC’s Office of Municipal Securities published an updated list of Registration of Municipal Advisors FAQs to give municipal advisors clearer guidance on registration and recordkeeping requirements. The updates help P3 participants know when they should provide information on which remote work locations must be listed on Form MA and MA‑I and when to disclose records that advisors must maintain when offering pricing advice on new municipal securities. Continue reading "SEC Staff Updates FAQs for Registration of Municipal Advisors"

SEC Adopts Joint Data Standards Rules Under FDTA

nospam@example.com (LeAnn Dey) — Tue, 09 Jun 2026 14:40:00 -0400

On June 8th, the SEC approved rules that establish joint data standards under the Financial Data Transparency Act of 2022 (FDTA). The rulemaking establishes technical standards for data submitted to certain financial regulatory agencies, making financial data more accessible, uniform, and useful to the public. The joint data standards would make it easier for financial institutions to file reports across multiple agencies and help regulators carry out the SEC’s oversight functions with greater efficacy. Continue reading "SEC Adopts Joint Data Standards Rules Under FDTA"

GAO Issues Report on Standard Business Reporting Under FDTA

nospam@example.com (LeAnn Dey) — Fri, 29 May 2026 14:15:00 -0400

On May 14th, the United States Government Accountability Office (GAO) released a new report to satisfy requirements detailed in the Financial Data Transparency Act (FDTA). The Act requires the GAO to evaluate the establishment of a Standard Business Reporting-type (SBR) program in the United States and to begin developing shared data standards among financial regulators. The standards are intended to reduce reporting burdens, improve data quality, and steer the United States toward a system similar to SBR used in other countries. Continue reading "GAO Issues Report on Standard Business Reporting Under FDTA"

MSRB Unveils Strategic Plan for Fiscal Years 2026-2030

nospam@example.com (LeAnn Dey) — Fri, 15 May 2026 10:15:00 -0400

On May 7th, the Municipal Securities Rulemaking Board (MSRB) published its strategic plan for fiscal years 2026–2030, which details a multi‑year plan focused on regulatory modernization, market transparency, and public accountability. The plan is the result of significant engagement with market participants, and is intended to reiterate MSRB’s commitment to protect investors, issuers, and the public interest in a fair and efficient municipal securities market. Continue reading "MSRB Unveils Strategic Plan for Fiscal Years 2026-2030"

MSRB Publishes Correction to Draft Amendments to Retire “Financial Advisor” Language, Solicits Feedback

nospam@example.com (LeAnn Dey) — Tue, 12 May 2026 17:30:00 -0400

On May 6th, the Municipal Securities Rulemaking Board (MSRB) released a correction to its April 23rd request for public review and comment related to draft amendments to MSRB Rules G-1, G-3, G-20, G-23, and G-37. The rules are intended to retire the term “financial advisor” from several MSRB rules as part of its Municipal Advisor Retrospective Rule Review. The correction specifically addresses two issues in the draft amendments to Rule G‑23 that appeared in the earlier notice, but all other sections of the April 23rd notice remain unchanged. Continue reading "MSRB Publishes Correction to Draft Amendments to Retire “Financial Advisor” Language, Solicits Feedback"

MSRB Proposes Updates to Rule G‑12 to Modernize Inter‑Dealer Confirmation Requirements, Revamp MSRB Rulebook

nospam@example.com (LeAnn Dey) — Wed, 29 Apr 2026 15:30:00 -0400

On April 28th, the Municipal Securities Rulemaking Board (MSRB) released for public review and comment a rule proposal to modify Rule G‑12(c). The proposed rule would update Rule G‑12(c), which regulates confirmation requirements for inter‑dealer municipal securities transactions that cannot be processed through automated comparison systems. The proposed rule supports the MSRB’s ongoing review of its rules, published guidance, and rulebook modernization efforts to align with current technology and operational standards. Continue reading "MSRB Proposes Updates to Rule G‑12 to Modernize Inter‑Dealer Confirmation Requirements, Revamp MSRB Rulebook"