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: Q2 2024
In this edition of CRA’s Securities Litigation Flash, we cover Section 10 (b) and Section 11 filings and settlements from Q2 2024. Filing trends Section 10(b)...