Rules | MSRB

Click to see Rules that have recent rulemaking activity or compliance resources:

Number	Name	Regulated Entity
Rule A-1	Rules of the Board
Rule A-2	Powers of the Board
Rule A-3	Board Membership: Composition, Elections, Removal, Compensation	Dealers, Municipal Advisors, Bank Dealers
Rule A-4	Meetings of the Board
Rule A-5	Officers and Employees of the Board
Rule A-6	Committees of the Board
Rule A-7	Assessments	Dealers, Municipal Advisors, Bank Dealers
Rule A-8	Rulemaking Procedures	Dealers, Municipal Advisors
Rule A-9	Fiscal Year
Rule A-10	Independent Audit
Rule A-11	Assessments for Municipal Advisor Professionals	Municipal Advisors
Rule A-12	Registration	Dealers
Rule A-13	Underwriting and Transaction Assessments for Brokers, Dealers and Municipal Securities Dealers	Dealers, Bank Dealers, Municipal Fund Securities
Rule A-14	Rule A-14-Reserved
Rule A-15	Rule A-15-Reserved
Rule A-16	Examination Fees	Dealers, Municipal Advisors, Bank Dealers
Rule A-17	Confidentiality of Examination Reports
Rule A-18	Mandatory Participation in Business Continuity and Disaster Recovery Testing	Dealers, Municipal Advisors, Bank Dealers
Rule D-1	General
Rule D-2	"Act"
Rule D-3	"Commission"
Rule D-4	"Board"
Rule D-5	"Member"
Rule D-6	"Whole Board"
Rule D-7	"Proposed Rules and Rules of the Board"
Rule D-8	"Bank Dealer"	Dealers, Bank Dealers
Rule D-9	"Customer"	Dealers, Bank Dealers
Rule D-10	"Discretionary Account"	Dealers, Bank Dealers
Rule D-11	"Associated Persons"	Dealers, Municipal Advisors, Bank Dealers
Rule D-12	"Municipal Fund Security"	Municipal Fund Securities
Rule D-13	"Municipal Advisory Activities"	Municipal Advisors
Rule D-14	"Appropriate Regulatory Agency"	Dealers, Municipal Advisors, Bank Dealers
Rule D-15	Sophisticated Municipal Market Professional	Dealers, Bank Dealers

Rule A-1

Last Updated: No amendment history

Rules of the Board

Status:

View rule

Rule A-2

Last Updated: No amendment history

Powers of the Board

Status:

View rule

Rule A-3

Last Updated: No amendment history

Board Membership: Composition, Elections, Removal, Compensation

Rule for:

Dealers, Municipal Advisors, Bank Dealers

Status:

View rule

Rule A-4

Last Updated: No amendment history

Meetings of the Board

Status:

View rule

Rule A-5

Last Updated: No amendment history

Officers and Employees of the Board

Status:

View rule

Rule A-6

Last Updated: No amendment history

Committees of the Board

Status:

View rule

Rule A-7

Last Updated: No amendment history

Assessments

Rule for:

Dealers, Municipal Advisors, Bank Dealers

Status:

View rule

Rule A-8

Last Updated: No amendment history

Rulemaking Procedures

Rule for:

Dealers, Municipal Advisors

Status:

View rule

Rule A-9

Last Updated: No amendment history

Fiscal Year

Status:

View rule

Rule A-10

Last Updated: No amendment history

Independent Audit

Status:

View rule

Rule A-11

Last Updated: 08/09/2022

Assessments for Municipal Advisor Professionals

Rule for:

Municipal Advisors

Status:

View rule

SEC Filing

Proposed Rule Change to Clarify the Calculation of the Annual Fee on Municipal Advisors under MSRB Rule A-11

View SEC Filing

SEC Filing

Proposed Rule Change to Establish the 2024 Rate Card Fees for Dealers and Municipal Advisors Pursuant to MSRB Rules A-11 and A-13 (WITHDRAWN)

View SEC Filing

Notice

MSRB Makes Technical Amendment to Rule A-11 on Municipal Advisor Fees

View Notice

Notice

Existing Dealer and Municipal Advisor Fees Maintained Upon Withdrawal of 2024 Annual Rate Card

View Notice

Notice

Current Dealer and Municipal Advisor Fees Upon SEC Suspension of 2024 Annual Rate Card Fees

View Notice

Rule A-12

Last Updated: 08/09/2022

Registration

Rule for:

Dealers

Status:

View rule

Request for Comment

Request for Comment on Gathering and Display of Bank Dealer Associated Persons’ Registration and Qualification Information

View Notice

Rule A-13

Last Updated: 08/09/2022

Underwriting and Transaction Assessments for Brokers, Dealers and Municipal Securities Dealers

Rule for:

Dealers, Bank Dealers, Municipal Fund Securities

Status:

View rule

SEC Filing

Proposed Rule Change to Establish the 2024 Rate Card Fees for Dealers and Municipal Advisors Pursuant to MSRB Rules A-11 and A-13 (WITHDRAWN)

View SEC Filing

Notice

Existing Dealer and Municipal Advisor Fees Maintained Upon Withdrawal of 2024 Annual Rate Card

View Notice

Notice

Current Dealer and Municipal Advisor Fees Upon SEC Suspension of 2024 Annual Rate Card Fees

View Notice

Rule A-14

Last Updated: No amendment history

Rule A-14-Reserved

Status:

View rule

Rule A-15

Last Updated: No amendment history

Rule A-15-Reserved

Status:

View rule

Rule A-16

Last Updated: No amendment history

Examination Fees

Rule for:

Dealers, Municipal Advisors, Bank Dealers

Status:

View rule

Rule A-17

Last Updated: No amendment history

Confidentiality of Examination Reports

Status:

View rule

Rule A-18

Last Updated: No amendment history

Mandatory Participation in Business Continuity and Disaster Recovery Testing

Rule for:

Dealers, Municipal Advisors, Bank Dealers

Status:

View rule

Notice

Designation Information Regarding Mandatory Participation in Business Continuity and Disaster Recovery Testing

View Notice

Rule D-1

Last Updated: No amendment history

General

Status:

View rule

Rule D-2

Last Updated: No amendment history

"Act"

Status:

View rule

Rule D-3

Last Updated: No amendment history

"Commission"

Status:

View rule

Rule D-4

Last Updated: No amendment history

"Board"

Status:

View rule

Rule D-5

Last Updated: No amendment history

"Member"

Status:

View rule

Rule D-6

Last Updated: No amendment history

"Whole Board"

Status:

View rule

Rule D-7

Last Updated: No amendment history

"Proposed Rules and Rules of the Board"

Status:

View rule

Rule D-8

Last Updated: No amendment history

"Bank Dealer"

Rule for:

Dealers, Bank Dealers

Status:

View rule

Rule D-9

Last Updated: No amendment history

"Customer"

Rule for:

Dealers, Bank Dealers

Status:

View rule

Rule D-10

Last Updated: No amendment history

"Discretionary Account"

Rule for:

Dealers, Bank Dealers

Status:

View rule

Rule D-11

Last Updated: No amendment history

"Associated Persons"

Rule for:

Dealers, Municipal Advisors, Bank Dealers

Status:

View rule

Guidance

FAQs regarding the Use of Social Media under MSRB Rule G-21, on Advertising by Brokers, Dealers or Municipal Securities Dealers, and MSRB Rule G-40, on Advertising by Municipal Advisors

View Guidance

Rule D-12

Last Updated: No amendment history

"Municipal Fund Security"

Rule for:

Municipal Fund Securities

Status:

View rule

Rule D-13

Last Updated: No amendment history

"Municipal Advisory Activities"

Rule for:

Municipal Advisors

Status:

View rule

Rule D-14

Last Updated: No amendment history

"Appropriate Regulatory Agency"

Rule for:

Dealers, Municipal Advisors, Bank Dealers

Status:

View rule

Rule D-15

Last Updated: No amendment history

Sophisticated Municipal Market Professional

Rule for:

Dealers, Bank Dealers

Status:

View rule

MSRB Rule Book for the Municipal Market

Click to see Rules that have recent rulemaking activity or compliance resources:

Rules with Recent

Rules of the Board

Powers of the Board

Board Membership: Composition, Elections, Removal, Compensation

Meetings of the Board

Officers and Employees of the Board

Committees of the Board

Assessments

Rulemaking Procedures

Fiscal Year

Independent Audit

Assessments for Municipal Advisor Professionals

SEC Filing

Proposed Rule Change to Clarify the Calculation of the Annual Fee on Municipal Advisors under MSRB Rule A-11

SEC Filing

Proposed Rule Change to Establish the 2024 Rate Card Fees for Dealers and Municipal Advisors Pursuant to MSRB Rules A-11 and A-13 (WITHDRAWN)

Notice

MSRB Makes Technical Amendment to Rule A-11 on Municipal Advisor Fees

Notice

Existing Dealer and Municipal Advisor Fees Maintained Upon Withdrawal of 2024 Annual Rate Card

Notice

Current Dealer and Municipal Advisor Fees Upon SEC Suspension of 2024 Annual Rate Card Fees

Registration

Request for Comment

Request for Comment on Gathering and Display of Bank Dealer Associated Persons’ Registration and Qualification Information

Underwriting and Transaction Assessments for Brokers, Dealers and Municipal Securities Dealers

SEC Filing

Proposed Rule Change to Establish the 2024 Rate Card Fees for Dealers and Municipal Advisors Pursuant to MSRB Rules A-11 and A-13 (WITHDRAWN)

Notice

Existing Dealer and Municipal Advisor Fees Maintained Upon Withdrawal of 2024 Annual Rate Card

Notice

Current Dealer and Municipal Advisor Fees Upon SEC Suspension of 2024 Annual Rate Card Fees

Rule A-14-Reserved

Rule A-15-Reserved

Examination Fees

Confidentiality of Examination Reports

Mandatory Participation in Business Continuity and Disaster Recovery Testing

Notice

Designation Information Regarding Mandatory Participation in Business Continuity and Disaster Recovery Testing

General

"Act"

"Commission"

"Board"

"Member"

"Whole Board"

"Proposed Rules and Rules of the Board"

"Bank Dealer"

"Customer"

"Discretionary Account"

"Associated Persons"

Guidance

FAQs regarding the Use of Social Media under MSRB Rule G-21, on Advertising by Brokers, Dealers or Municipal Securities Dealers, and MSRB Rule G-40, on Advertising by Municipal Advisors

"Municipal Fund Security"

"Municipal Advisory Activities"

"Appropriate Regulatory Agency"

Sophisticated Municipal Market Professional

Regulatory Documents

MSRB Rule Book

MSRB Regulatory News

Never miss an important update