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The rule is designed to address potential "pay-to-play" practices by municipal advisors consistent with the MSRB's existing regulation of dealers. As anxieties tempered toward midyear, investors gradually returned to the market. Standard & Poors Credit Ratings: Copyright 2007 2023, S&P Global Market Intelligence. We may also disclose personal information without notice to you when required by applicable law, regulation, subpoena or other legal process, requested from a United States federal, state or other U.S. government regulatory or U.S. self-regulatory organization or body or law enforcement agency, or when we believe such disclosure is required under our obligations as a self-regulatory organization. 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S&P's credit ratings and related research are not intended for and must not be used by or distributed to any person in Australia other than a wholesale client (as defined in Chapter 7 of the Corporations Act). To qualify for the IRMA exemption in order to provide information constituting advice to an issuer or borrower without registration, the firm or individual providing such information must: (2) cannot now be, or within the prior two years have been, associated with the firm or individual seeking to rely on the IRMA exemption, and where, (3) the firm or individual receives from the municipal issuer or borrower a representation in writing that it is represented by, and will rely on the advice of, an IRMA, and, (4) such firm or individual provides written disclosure to the municipal issuer or borrower that such firm or individual is not a municipal advisor and is not subject to the statutory fiduciary duty applicable to municipal advisors, and. 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By continuing to access MOODY'S information displayed on the Website from within Australia, you represent to MOODY'S that you are, or are accessing this information as a representative of, a "wholesale client" and that neither you nor the entity you represent will directly or indirectly disseminate this information or its contents to "retail clients" within the meaning of section 761G of the Corporations Act 2001. Information and Resources Division of Examinations Risk Alerts Obtaining Edgar Credentials Overview of EDGAR Technical Aspects for Municipal Advisors: ( Webcast Archive 1:17 to 3:05) (October 7, 2021) Submitting EDGAR Form ID for Municipal Advisors: ( Webcast Archive 3:05 to 7:40) (October 7, 2021) NONE OF S&P OPCO, LLC, ITS AFFILIATES OR THEIR RESPECTIVE THIRD PARTY LICENSORS SHALL BE LIABLE TO YOU FOR ANY CLAIMS AGAINST MSRB OR MSRB'S CUSTOMER(S) BY THIRD PARTIES. Copyright 2023 by Standard & Poor's Financial Services LLC. MJKK and MSFJ are credit rating agencies registered with the Japan Financial Services Agency and their registration numbers are FSA Commissioner (Ratings) No.
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