Rule G-32

Rule G-32

A rule of the Municipal Securities Rulemaking Board requiring brokers and dealers to provide buyers of a new issue of a municipal bond with information regarding that bond. Delivery of the information must be made prior to delivery of the bond. The rule also provides for an Internet-based portal on which buyers can look up the information themselves.
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MSRB Rule G-32, which goes into effect today, requires municipal securities underwriters to submit electronic official statements and advance refunding documents to EMMA.