Seminar  Seminar

Municipal Securities Activity by Broker-Dealers and Advisors 2013


Why you should attend

The Dodd-Frank Act and related developments ushered in new rules for broker-dealers and advisors in the municipal market arena. This program will provide attendees with a solid foundation in the regulatory regime applying to broker-dealer and advisor municipal securities activity. Discussion will include the interplay between the various regulators with respect to municipal securities activity and offer practical compliance considerations.

What you will learn

  • How the MSRB, SEC and FINRA interact re: municipal securities regulation
  • An overview of the regulatory framework
  • The SEC’s Municipal Advisor Rule
  • The MSRB Rulebook
  • FINRA guidance re: broker-dealer sales of municipal securities

Who should attend

Lawyers and compliance professionals seeking a better understanding of the municipal securities regulatory framework.

Afternoon Session: 1:30 p.m. - 5:00 p.m.

1:30 Overview of the Municipal Securities Regulatory Framework

  • Who are the players?
  • How do the regulators interact?
  • How do the ‘33Act and ‘34 Act regulate municipal securities?
Maurine R. Bartlett, Robert A. Fippinger, David Levy

2:30 Networking Break

2:45 Municipal Advisors
  • The SEC’s new Municipal Advisor Rule
  • Who is a municipal advisor?
  • MSRB municipal advisor registration and related initiatives
Maurine R. Bartlett, Robert A. Fippinger, David Levy

4:00 MSRB and FINRA Developments
  • The MSRB Rulebook
  • EMMA: current resources and future functionality
  • FINRA monthly report card: material event disclosure in the primary market
(David Levy to moderate) Cynthia Friedlander, Ernesto A. Lanza
Chairperson(s)
Clifford E. Kirsch ~ Sutherland
Speaker(s)
Maurine R. Bartlett ~ Cadwalader Wickersham & Taft LLP
Robert A. Fippinger ~ Orrick Herrington & Sutcliffe LLP
Cynthia Friedlander ~ Director, Fixed Income Regulation, FINRA
Ernesto A. Lanza ~ Deputy Executive Director, Municipal Securities Rulemaking Board (MSRB)
David Levy ~ Managing Director, Corporate Compliance, US Bancorp
Program Attorney(s)
Lauren E. Nochta ~ Program Attorney, Practising Law Institute
New York City Seminar Location

PLI New York Center, 810 Seventh Avenue at 53rd Street (21st floor), New York, New York 10019. Message Center, program days only: (212) 824-5733.

New York City Hotel Accommodations

The New York Hilton & Towers1335 Avenue of the Americas, New York, NY 10019. 1 block from PLI Center. Reservations 1-800-HILTONS or, 1-877-NYC-HILT. Please mention that you are booking a room under the Practising Law Institute Corporate rate and the Client File # is 0495741. You can also make reservations online to access Practising Law Institute rates.

The Warwick New York Hotel, 65 West 54th Street New York, NY 10019. 1 block from PLI Center. Reservations 800-223-4099 or, hotel direct 212-247-2700. Please mention that you are booking a room under the Practising Law Institute Corporate rate. Reservations on line at www.warwickhotelny.com Click reservations in menu bar on left. Select desired dates. In 'Special Rates' drop down window select Corporate Rate. In 'Rate Code' enter PLIN. Click search and select desired room type and rate plan. Or, you may email reservation requests to: res.ny@warwickhotels.com

Sheraton New York Hotel & Towers, 811 7th Avenue, New York, NY 10019, 1-800-325-3535 or (212) 581-1000. When calling, please mention Practising Law Institute and mention SET#311155. You may also book online.

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Item# 43195
Location:  New York, NY
We are sorry, but this program is no longer available for purchase online. For more information please call our Customer Service Department at (800) 260-4PLI.

Seminar attendance includes course handbook and associated course materials. A downloadable course handbook will also be available several days prior to the program start for your review.