An insured municipal bond is purchased by your client in the secondary market. After the sale, MSRB rules would require you to:
A) send a copy of the Official Statement.
B) indicate that the bonds are insured on the confirmation because this is the only requirement.
C) make delivery of the certificates accompanied by evidence of insurance, either on the face of the certificates or in a separate document.
D) include a copy of the insurance policy with delivery of the certificates.
Answer: C) make delivery of the certificates accompanied by evidence of insurance, either on the face of the certificates or in a separate document.