More On Legal & Compliancefrom The Advisor's Professional Library
- Updating Form ADV and Form U4 When it comes to disclosure on Form ADV, RIAs should assume information would be material to investors. When in doubt, RIAs should disclose information rather than arguing later with securities regulators that it was not material.
- Meeting and Exceeding Clients and Regulators’ Expectations Although it can be difficult, there are ways for RIAs to meet or exceed client expectations, increase customer satisfaction, and help firms retain current clients and attract new ones.
The Municipal Securities Rulemaking Board (MSRB) announced July 11 that it will begin using Twitter as another way to disseminate updates on municipal market regulation, as well as information about municipal market transparency and the MSRB’s Electronic Municipal Market Access (EMMA) website.
The MSRB’s twitter feed, @MSRB_News, will be periodically updated with key developments that could affect investors and municipal entities in the $3.7 trillion municipal market.
In addition to regulating the municipal market, the MSRB operates EMMA--an online, centralized database that provides free public access to municipal market data and documents. As MSRB explains, EMMA also provides real-time trade data for outstanding municipal bonds and current interest rates for auction rate securities and variable rate demand obligations.