SIE practice questionmediumMunicipal Bonds
Which organization writes rules for firms and professionals involved in municipal securities activities?
- AFINRA
- BMSRB✓ Correct answer
- CSEC
- DNYSE
Explanation
Why B — MSRB
The Municipal Securities Rulemaking Board (MSRB) creates rules for municipal securities dealers and advisors. FINRA enforces some MSRB rules but does not write them; the SEC oversees rulemaking by SROs; the NYSE is an exchange.
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