Municipal Securities Rulemaking Board Reform Act of 2026 amends the Securities Exchange Act of 1934 to clarify the composition and duties of the.
The Municipal Securities Rulemaking Board Reform Act of 2026 amends the Securities Exchange Act of 1934 to clarify the composition and duties of the Municipal Securities Rulemaking Board. The Board will be composed of 15 members, including public representatives and regulated representatives. The Board will propose and adopt rules to regulate transactions in municipal securities and advice provided to municipal entities. The Securities and Exchange Commission will consult market participants in establishing data standards and adopt data standards for information submitted to the Board.
The filed bill text is too short for analysis.