TITLE

AMF, Five More Firms Join TBMA to Oppose MSRB Crisis Plan

AUTHOR(S)
Hume, Lynn
PUB. DATE
April 2003
SOURCE
Bond Buyer;4/1/2003, Vol. 344 Issue 31605, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The Bond Market Association's Asset Managers Forum and five more broker-dealer firms informed the U.S. Securities and Exchange Commission (SEC) that they are opposed to giving the Municipal Securities Rulemaking Board (MSRB) the authority to shut down the municipal market in the event of a disaster that disables critical market systems. They relayed their opposition to the proposal, which is pending before SEC. The forum also warned that the threat of a shutdown of the municipal market could cripple municipalities' abilities to raise capital.
ACCESSION #
9504488

 

Related Articles

  • SEC Seeking Comments on MSRB Shutdown Plan. Hume, Lynn // Bond Buyer;1/22/2003, Vol. 343 Issue 31557, p1 

    Reports on the U.S. Securities and Exchange Commission plans for seeking public comments on the Municipal Securities Rulemaking Board's controversial proposal to allow the board to shut down the municipal bond market in event of crisis that disables critical market systems.

  • Crisis Control Controversy. Kite, Shane // Securities Industry News;2/3/2003, Vol. 15 Issue 5, p1 

    Discusses plans of Bond Market Association (BMA) to file a comment letter opposing the U.S. Municipal Securities Rulemaking Board's (MSRB) proposal to the Securities and Exchange Commission (SEC). Powers to open/close bond market trading in emergency situations that MSRB wants; Purpose behind...

  • MSRB Files Modified Post-Trade Data Proposal With SEC. Glazier, Kyle // Bond Buyer;3/23/2015, Vol. 1, p1 

    The Municipal Securities Rulemaking Board on Thursday requested approval from the Securities and Exchange Commission to expand the post-trade data displayed on EMMA.

  • MSRB To Seek MA Pay-to-Play Approval. Glazier, Kyle // Bond Buyer;11/4/2014, Vol. 1 Issue 34205, p1 

    The Municipal Securities Rulemaking Board will seek Securities and Exchange Commission approval of its proposal to extend its pay-to-play rule to include municipal advisors as well as changes to post-trade disclosure requirements.

  • MSRB: Ban Consultants For Dealers. Hume, Lynn // Bond Buyer;3/16/2005, Vol. 351 Issue 32091, p1 

    Reports on the announcement of the U.S. Municipal Securities Rulemaking Board officials that they will ask the Securities and Exchange Commission to ban dealers from using independent municipal securities consultants to solicit municipal securities business on their behalf. Threat posed by...

  • MSRB Files G-38 Changes. Hume, Lynn // Bond Buyer;8/10/2005, Vol. 353 Issue 32193, p1 

    Reports that the U.S. Municipal Securities Rulemaking Board (MSRB) has filed an amendment with the Securities and Exchange Commission (SEC) that would make several modifications to its pending Rule G-38 on consultants. Prohibition of dealers from hiring anyone other than employees or affiliated...

  • SEC Proposes New Rule; MSRB Clarifies Repos. Hume, Lynn // Bond Buyer;6/22/2004, Vol. 348 Issue 31910, p5 

    Reports on the release of proposed rules for banks that could affect bank trustees in municipal bond market by the U.S. Securities and Exchange Commission. Issuance of an advisory notice telling dealers how to report repurchase agreements under its transaction-reporting program by the Municipal...

  • The Digest.  // Bond Buyer;3/22/2005, Vol. 351 Issue 32095, p1 

    Reports developments on the municipal bond market in the U.S. Lack of definitive move in Treasuries; Amendment filed by the Municipal Securities Rulemaking Board with the Securities and Exchange Commission to its Rule G-8 on record keeping that governs bank dealers' and muni-only dealers' use of...

  • Experts: SEC Enforcement Action Raises Awareness. Glazier, Kyle // Bond Buyer;11/5/2014, Vol. 1 Issue 34206, p1 

    The Securities and Exchange Commission's enforcement action against 13 dealer firms Monday represents a broad commission effort to correct behavior that was probably due to mistakes by individual traders dealing with an unusual bond issuance, attorneys and market participants said Tuesday.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics