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.
60 seconds with Swati Kanoria
CRA’s Swati Kanoria sat down with the magazine to give a 60 second interview about her career and work with CRA. She answers a number of questions including...