Credit: Shutterstock photoMunicipal Securities Rulemaking BoardFinancial Industry Regulatory Authority
Richard KetchumErnesto Lanza
The MSRB has also begun exploring how it can fulfill its new congressional mandate to protect issuers (CR, 10/18). Michael Bartolotta , the Board's incoming chairman and vice chairman of First Southwest Securities , said one avenue could be issuing guidance to issuers; for instance, about reviewing certain credit ratings issues. But the Board has to walk a fine line because it doesn't regulate issuers, Bartolotta added. "We're still at the embryonic stage of what issuer protection means," he said.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright © 2010 Institutional Investor
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
