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

The U.S. Securities and Exchange Commission’s Office of Municipal Securities today announced that it updated its Registration of Municipal Advisors Frequently Asked Questions webpage to add a section, entitled Completion of Form MA, Form MA-I, and Form MA-NR, which provides additional staff guidance on the required information and timelines regarding: Form MA, for an application for municipal advisor registration, annual update of municipal advisor registration, and an amendment of a prior application for registration; Form MA-I, for information regarding natural persons who engage in municipal advisor activities; and Form MA-NR, for designation of U.S. agent for service of process for non-residents. “In our efforts to make the municipal advisor registration process as transparent and efficient as possible, the Office of Municipal Securities published new staff guidance to address common questions regarding Forms MA, MA-I, and MA-NR,” said Dave A.