Municipal Advisors Duties and Obligations


This course covers a municipal adviser’s primary role, the services the municipal adviser provides, and how services are designed to reduce the work that municipalities would otherwise incur in designing, implementing, and negotiating the sale of securities. It also reviews a municipal adviser's fiduciary responisbility. 

Learning Objectives

Upon completion of this course, you should be able to:

Describe the role and duties of municipal advisers

Describe the obligations of municipal advisers as specified in the regulations, specifically:

  • Fair Dealing: Rule G-17;
  • Suitability: Rule G-19;
  • Disclosures: Rule G-47;
  • Pricing: Rule G-30;
  • Supervision: Rule G-27; and,
  • Standards of Conduct: Rule G-42.

Designed For

Registered representatives 

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License or Certification