{"id":"AGY-FED-FINANCIAL-063","kind":"order","level":"federal","jurisdiction":"United States; Securities and Exchange Commission (federal)","state":"","metro":"","industry":"","agency":"FED-FINANCIAL","eco":"","issuer":"Securities and Exchange Commission","authority":"15 U.S.C. § 78mm(a)(1)","instrument":"Release No. 34-89074, Order Granting a Temporary Conditional Exemption from the Broker Registration Requirements of Section 15(a) of the Securities Exchange Act of 1934 for Certain Activities of Registered Municipal Advisors","title":"Temporary Conditional Exemption: Certain Activities of Registered Municipal Advisors","dateIssued":"2020-06-16","effective":"2020-06-16","end":"2020-12-31","startDate":"2020-06-16","endDate":"2020-12-31","quarters":["2020Q2","2020Q3","2020Q4"],"types":["OTHER"],"addressees":["registered municipal advisors","municipal issuers","banks and other qualified providers of direct placements"],"clause":"ACTION: Temporary Exemptive Order.... [The Commission is granting a] temporary conditional exemption from broker registration under Section 15 of the Securities Exchange Act of 1934 (\u0027Exchange Act\u0027) for registered municipal advisors to address disruption [in the municipal securities market caused by the COVID-19] pandemic. The temporary conditional exemption permits registered municipal advisors to solicit [banks and other qualified providers in connection with direct placements of municipal securities]. DATES: This exemptive order is effective from the date of this Order until December 31, 2020.","enforcement":"Conditional exemption from 15 U.S.C. § 78o(a)","functions":["WM municipal advisory","BL bank direct placements","CB municipal issuers under revenue stress"],"notes":"Reached banks\u0027 municipal lending desks and municipal advisors serving closed local governments","sourceUrl":"https://www.sec.gov/files/rules/exorders/2020/34-89074.pdf","snapshot":"","fileExists":true,"fileBytes":280702,"grade":"primary","character":"","description":"","collection":"AGY-FED-FINANCIAL","url":"/library/AGY-FED-FINANCIAL-063","exhibitUrl":"/exhibit/AGY-FED-FINANCIAL-063","citation":"Securities and Exchange Commission, Release No. 34-89074, Order Granting a Temporary Conditional Exemption from the Broker Registration Requirements of Section 15(a) of the Securities Exchange Act of 1934 for Certain Activities of Registered Municipal Advisors (June 16, 2020) (Ex. AGY-FED-FINANCIAL-063)","stateName":"","related":["AGY-FED-FINANCIAL-062","AGY-FED-FINANCIAL-061","AGY-FED-FINANCIAL-059","AGY-FED-FINANCIAL-060","AGY-FED-FINANCIAL-056","AGY-FED-FINANCIAL-055"]}