SIE: 8.4.8. Time Of Trade Disclosure

8.4.8.  Time of Trade Disclosure

For municipal securities, the MSRB requires brokers-dealers to disclose all material information about the security known by the firm prior to or at the time of the trade. The firm must also disclose any material information about the security that is reasonably accessible to the market from established industry sources.

MSRB G-47