ARTICLE
2 December 2016

MSRB Sets Effective Date For Additional Markup Disclosure Requirements

CW
Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
MSRB rule amendments to MSRB Rule G-15 and MSRB Rule G-30, which will require broker-dealers and municipal dealers to disclose the markup or markdown on retail customer confirmations...
United States Corporate/Commercial Law
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MSRB rule amendments to MSRB Rule G-15 and MSRB Rule G-30, which will require broker-dealers and municipal dealers to disclose the markup or markdown on retail customer confirmations for specified principal transactions, will become effective on May 14, 2018. The MSRB solicited comments on a draft of the amendments on September 24, 2015. The SEC approved the amendments on November 17, 2016.

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