The author provides market context to the MSRB’s 2016 mandate that “best execution,” a hallmark of the taxable fixed income and equity markets, becomes a staple for retail municipal bond investors. The discussion includes: (i) Current municipal price discovery methodologies, (ii) Electronic markets’ regulatory compliance tools, (iii) Implementation Guidance on MSRB Rule G-18, on Best Execution; and (iv) Recent municipal enforcement actions.
Securities Litigation Flash: Q3 2025
Filing trends Section 10(b) and Section 11 filings totaled 49 during the third quarter of 2025, 16% fewer than in the same period in 2024 and 2% more than in...