Which of the following responsibilities did the MSRB receive through the Securities Acts Amendments of 1975?

Which of the following responsibilities did the MSRB receive through the Securities Acts Amendments of 1975?


Regulation of municipal issuers.

Establishment of recordkeeping requirements for municipal broker/dealers.

Enforcement of any municipal regulations it adopts.

Creation of regulations for participants in the municipal securities secondary market.



A) I and III.

B) I and IV.

C) II and III.

D) II and IV.



Answer: D) II and IV.


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