Posts tagged Tennessee Republican Party.
On April 12, the Tennessee Republican Party filed a petition in the US Sixth Circuit Court of Appeals, seeking to invalidate the SEC's approval of new rules extending the MSRB's long-standing "pay-to-play" prohibitions to new municipal advisors.
The MSRB has prohibited "pay-to-play" practices in the municipal securities space since its Rule G-37 was promulgated in 1994. The Rule does not prohibit political contributions by bond dealers outright, but instead prohibits them from doing business with issuers to who's elected officials a dealer has made political ...
Tags: burr forman, MSRB, Municipal Advisors, Municipal Securities Rulemaking Board, Pay-to-Play, SEC, Securities and Exchange Commission, securities litigation, Securities Litigation & Arbitration, Tennessee Republican Party, US Sixth Circuit Court of Appeals