SEC Form MSD

AAA

DEFINITION of 'SEC Form MSD'

A form that a bank, or a specific division or department of a bank, must complete and file with the Securities and Exchange Commission (SEC) in order to apply for registration as a municipal securities dealer (MSD). SEC form MSD is also used to make any amendments to a current MSD registration.

INVESTOPEDIA EXPLAINS 'SEC Form MSD'

The provisions for municipal securities dealers are covered under section 15b(a) of the Securities Exchange Act of 1934.

In addition, form MSD requires a firm to reveal if any staff person working with its municipal securities division has been involved in disciplinary proceedings related to the sale of securities.

RELATED TERMS
  1. SEC Form 25

    A notification given to the SEC by a national securities exchange ...
  2. Electronic Data Gathering, Analysis ...

    The electronic filing system created by the Securities and Exchange ...
  3. Municipal Bond

    A debt security issued by a state, municipality or county to ...
  4. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
  5. Broker-Dealer

    A person or firm in the business of buying and selling securities, ...
  6. Securities Act Of 1933

    A federal piece of legislation enacted as a result of the market ...
Related Articles
  1. SEC Filings: Forms You Need To Know
    Investing Basics

    SEC Filings: Forms You Need To Know

  2. Uncovering The Securities Firm
    Brokers

    Uncovering The Securities Firm

  3. Weighing The Tax Benefits Of Municipal ...
    Taxes

    Weighing The Tax Benefits Of Municipal ...

  4. Policing The Securities Market: An Overview ...
    Investing Basics

    Policing The Securities Market: An Overview ...

Hot Definitions
  1. Halloween Strategy

    An investment technique in which an investor sells stocks before May 1 and refrains from reinvesting in the stock market ...
  2. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  3. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  4. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  5. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  6. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
Trading Center