Posts tagged Tennessee Republican Party.
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TN Republican Party Challenges MA Pay-to-Play Rules

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 ...

Posted in: MSRB, SEC, Tennessee
Tags: burr forman, MSRB, Municipal Advisors, Municipal Securities Rulemaking Board, Pay-to-Play, SEC, Securities and Exchange Commission, securities litigation, Securities Litigation & Arbitrarion blog, Securities Litigation & Arbitration, Tennessee Republican Party, US Sixth Circuit Court of Appeals
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