On May 25, 2016, BDA submitted a comment letter to the MSRB on proposed amendments to Rule G-15(f) on minimum denominations. You can view a copy of the letter here. The MSRB’s proposed rule amends MSRB Rule G-15(f) to provide exceptions related to prohibitions which restrict municipal securities dealers from effecting transactions with customers below the minimum denominations specified in bond documents.
Additional information:
- You can view the MSRB’s regulatory notice here.
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