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MSRB Issues Statement on Opinion in Rule G-37 Legal Challenge
July 14, 2017
WASHINGTON, July 14 -- The Municipal Securities Rulemaking Board issued the following statement on the opinion in the Rule G-37 legal challenge:

"The United States Court of Appeals for the Sixth Circuit today dismissed a legal challenge filed last year against the Municipal Securities Rulemaking Board (MSRB) and the Securities and Exchange Commission (SEC) to recent amendments to the MSRB's pay-to-play rule, MSRB Rule G-37, which extended the rule to cover municipal advisors.

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