Rule lifecycle · DOCKET:File No. SR-MSRB-2026-01

Self-Regulatory Organizations; Municipal Securities Rulemaking Board; Order Granting Approval of a Proposed Rule Change To Amend MSRB Rule G-12(c) To Codify and Retire or Revise Certain Existing Interpretive Guidance on Confirmation Requirements for Those Inter-Dealer Municipal Securities Transactions That are Ineligible for Automated Comparison

Securities and Exchange Commission — observed across 2 documents over 47 days. Use the source documents below before deciding whether this affects your business.

In plain English

New rules govern exactly how municipal bond dealers must confirm trades with each other when computer systems are unable to automatically verify those sales. If your business buys or sells municipal bonds with other dealer firms, review the updated confirmation requirements to stay in compliance with the new procedures.

First seen

May 7, 2026

Last seen

Jun 23, 2026

Latest stage

Notice

PRORULE → RULE

Stage timeline

  1. Notice·May 7, 2026·91 FR 24919

    Self-Regulatory Organizations; Municipal Securities Rulemaking Board; Notice of Filing of a Proposed Rule Change To Amend MSRB Rule G-12(c) To Codify and Retire or Revise Certain Existing Interpretive Guidance on Confirmation Requirements for Those Inter-Dealer Municipal Securities Transactions That Are Ineligible for Automated Comparison

    #2026-08997

  2. Notice·Jun 23, 2026·91 FR 37480

    Self-Regulatory Organizations; Municipal Securities Rulemaking Board; Order Granting Approval of a Proposed Rule Change To Amend MSRB Rule G-12(c) To Codify and Retire or Revise Certain Existing Interpretive Guidance on Confirmation Requirements for Those Inter-Dealer Municipal Securities Transactions That are Ineligible for Automated Comparison

    #2026-12526