MSD Notice by Financial Institutions to Engage in Municipal Securities Dealer Activities
A financial institution that intends to engage in municipal securities dealer activities must register with the Securities and Exchange Commission (SEC) and its appropriate regulatory authority (ARA) by using form MSD, "Application for Registration as a Municipal Securities Dealer." This notice collects the institution's identifying information and the names and titles of its managers of municipal securities activities; the notice requires the institution to state whether any person associated with the respondent's municipal securities activities has been involved in disciplinary proceedings related to securities sales. A financial institution that intends to cease engaging in municipal securities dealer activities must notify the SEC and its ARA by using form MSDW, "Notice of Withdrawal of Registration as a Municipal Securities Dealer."
Bank Holding Companies, Brokers and Dealers
Form and Instructions:
The current and historical versions of this form and their instructions are maintained on the Securities and Exchange Commission's (SEC) website in PDF format.