MSRB sets July 15, 2007 date for new advertising disclosures

The Municipal Securities Rulemaking Board (MSRB) has issued Notice 2007-15 describing its submission to the SEC that would make new rules on advertising effective on July 15, 2007. These rules would require certain fee and expense disclosures with advertisements containing performance information, as first proposed in MSRB Notice 2006-32 (November 21, 2006) and later amended with MSRB Notice 2007-08 (February 12, 2007).

Notice 2007-15 also encourages public use of 529 plan comparison utilities available through the College Savings Plans Network and other commercial resources (presumably including
Return to 529 News center