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. Securities Exchange Act Of 1934

    The Securities Exchange Act of 1934 was created to provide governance ...
  3. Electronic Data Gathering, Analysis ...

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

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

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

    A person or firm in the business of buying and selling securities, ...
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 ...

comments powered by Disqus
Hot Definitions
  1. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  2. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  3. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  4. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  5. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  6. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
Trading Center