Information for Municipal Markets

The Office of Municipal Securities, which is located in the Division of Trading and Markets, coordinates the SEC's municipal securities activities, advises the Commission on policy matters relating to the municipal bond market and provides technical assistance in the development and implementation of major SEC initiatives in the municipal securities area. In addition, the Office assists the division of Enforcement and other Offices and divisions on a wide array municipal securities matters. The Office works closely with the municipal securities industry to educate state and local officials and conduit borrowers about risk management issues and foster a thorough understanding of the Commission's policies. In addition, it reviews and processes rule filings of the Municipal Securities Rulemaking Board and acts as the Commission's liaison with the MSRB, FINRA and a variety of industry groups on municipal securities issues.

Current Events   Notice of Filing of Proposed Rule Change Relating to the Establishment of a Continuing Disclosure Service of the Electronic Municipal Market Access System (EMMA) (Jul. 30, 2008)   Proposed Amendment to Municipal Securities Disclosure (Jul. 30, 2008) Cases and Materials   Cases and Materials (1999)   2001 Supplement (in PDF format)   2003 Supplement   2007 Supplement   SEC Staff Report on Transactions in Securities of the City of New York (in PDF format)   Opinion in the Matter of Ira Weiss (Dec. 2, 2005)   Opinion of the U.S. Court of Appeals in Ira Weiss v. SEC (Nov. 28, 2006)   Press Release on Violative Practices in the Auction Rate Securities Market (May 31, 2006)   Opinion in the Matter of Dolphin and Bradbury, Incorporated and Robert J. Bradbury (Jul. 13, 2006)   Opinion of the U.S. Court of Appeals in Dolphin and Bradbury, Incorporated and Robert J. Bradbury v. SEC (Jan. 11, 2008)   SEC Sanctions the City of San Diego (Nov. 14, 2006)   Staff Report on the Municipal Securities Market (September 1993)   SEC Charges Five Former San Diego Officials with Securities Fraud (Apr. 7, 2008) SEC Complaint   No-Action Letter Regarding Municipal Auction Rate Securities (Mar. 14, 2008)

Continuing Disclosure Filings and Rule 15c2-121   NRMSIRs / SIDs   Municipal Issuer Access to CUSIP Numbers   Cover Sheet for Filings   Exchange Act Rule 15c2-12   SEC Release No. 34-34961   Other 15c2-12 Materials Roundtables   2001 Municipal Market Roundtable Proceedings   2000 Municipal Market Roundtable Proceedings (also available in PDF format)   1999 Municipal Market Roundtable Proceedings Other Information   Comment Letter to IRS regarding Circular 230   Report on Transactions in Municipal Securities   Open Letter to the Municipal Securities Industry   Municipal Securities Rulemaking Board   Municipal Bond Pricing Information   Comments to the Tenth Annual Conference of Women in Public Finance, Chicago, Illinois, by Martha Mahan Haines, Chief, Office of Municipal Securities (Sep. 29, 2006)   "Perspectives on Public Transparency" — Speech by Martha Mahan Haines at the Second Internal Control & Fraud Conference of the Association of Governmental Accountants, Atlanta, Georgia (Sep. 11, 2007)   SEC Chairman Cox Calls for Improved Investor Protections in the Market for Municipal Securities (Jul. 26, 2007)

¹The SEC does not endorse any particular product for complying with Rule 15c2-12.

http://www.sec.gov/info/municipal.shtml