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15 U.S.C. § 4a

Title 15 Chapter 2 Current through PL 118-3 Last updated: March 29, 2026 View on OLRC →
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§ 78o–4a. Commission Office of Municipal Securities

  • (a) There shall be in the Commission an Office of Municipal Securities, which shall—
    • (1) administer the rules of the Commission with respect to the practices of municipal securities brokers and dealers, municipal securities advisors, municipal securities investors, and municipal securities issuers; and
    • (2) coordinate with the Municipal Securities Rulemaking Board for rulemaking and enforcement actions as required by law.
  • (b) The head of the Office of Municipal Securities shall be the Director, who shall report to the Chairman.
  • (c)
    • (1) The Office of Municipal Securities shall be staffed sufficiently to carry out the requirements of this section.
    • (2) The staff of the Office of Municipal Securities shall include individuals with knowledge of and expertise in municipal finance.

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