SEC Office of Municipal Securities Updates FAQs for Registration of Municipal Advisors

The Securities and Exchange Commission’s Office of Municipal Securities today announced it has updated its Registration of Municipal Advisors FAQs webpage to offer more clarity on municipal advisor registration and recordkeeping requirements. The update offers more clarity to: Public-private partnership (P3) market participants that are considering whether their activities require registration as a municipal advisor; Form MA and MA-I filers that are considering which remote work locations where municipal advisor-related business is conducted must be disclosed as an "office;” and Municipal advisors that are considering the scope of their recordkeeping requirements when providing advice on the pricing of a new issue of municipal securities. “Municipal securities touch so many parts of our lives, helping pay for schools, hospitals, water systems, and so much more. The SEC is tasked with ensuring transparency and accountability in this market,” said Dave A.