Multi-Bank Securities, Inc. Representatives Pass Series 50 Exam
Pursuant to the requirements under Section 15B of the 1934 Securities Exchange Act, and under an expanded role of the Municipal Securities Rulemaking Board (MSRB), certain Multi-Bank Securities, Inc. (MBS) representatives were required under MSRB rules to take and pass the Series 50 Qualification Exam. Passing the exam qualified these individuals as municipal advisor representatives. Click here to check the qualifications of your municipal advisor.
The MRSB has a great deal of information about the Series 50. You can read in-depth by going to the MSRB’s FAQs on Municipal Advisor Professional Qualification and Examination Requirements. This document answers relevant questions such as:
- Who must qualify by examination?
- Who is deemed to be a municipal advisor representative?
- Who is deemed to be a municipal advisor principal?
- Can an individual engage in municipal advisory activities prior to passing the Series 50 exam?
Multi-Bank Securities, Inc. is registered with the U.S. Securities and Exchange Commission and the Municipal Securities Rulemaking Board.
The website address for the Municipal Securities Rulemaking Board is www.msrb.org.
A Municipal Advisory Client brochure is posted on the website of the Municipal Securities Rulemaking Board. In addition to having investor education materials available, there are also descriptions of the protections provided by MSRB rules and instructions on how to file a complaint with FINRA’s Investor Complaint Center.