BDA Submits Letter to SEC on MSRB Pay-to-Play Rule

BDA submitted a comment letter to the SEC on MSRB’s proposed pay-to-play rule. You can view the letter here.
More specifically, the letter addresses:
  • BDA’s support of extending MSRB’s rule to cover MAs;
  • BDA’s request for additional guidance on regulatory filings for dealers; and,
  • BDA’s request to raise the de minimis threshold from $250 to $350 to harmonize the contribution limit with other regulators
Additional information:

  • You can view MSRB’s filing to the SEC here.
  • You can view BDA’s previous comment letter on G-37 here.

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