15 U.S.C. § 78o–4a — Commission Office of Municipal Securities
submitted 16 years ago by Pub. L. 111-203 to r/title-15-COMMERCE-AND-TRADE · 128 words · no verdicts yet
This law creates an Office of Municipal Securities inside the SEC. The Office enforces SEC rules for municipal securities brokers, dealers, advisors, investors, and issuers. It also works with the Municipal Securities Rulemaking Board on rulemaking and enforcement.
There shall be in the Commission* an Office of Municipal Securities*, which shall—
administer the rules of the Commission with respect to the practices of municipal securities brokers and dealers, municipal securities advisors, municipal securities investors, and municipal securities issuers; and
coordinate with the Municipal Securities Rulemaking Board* for rulemaking and enforcement actions as required by law.
The head of the Office of Municipal Securities shall be the Director, who shall report to the Chairman.
The Office of Municipal Securities shall be staffed sufficiently to carry out the requirements of this section.
The staff of the Office of Municipal Securities shall include individuals with knowledge of and expertise in municipal finance.
Source credit: (Pub. L. 111–203, title IX, § 979, July 21, 2010, 124 Stat. 1926.)
- 2010Enacted · Pub. L. 111-203 · 124 Stat. 1926
A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-203 on 2010-07-21.
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