The nature of that relationship must be disclosed when undertaking municipal securities transactions and advising buyers and nation and local governments.
The Municipal Securities Rulemaking Board establishes rules that securities firms, banks and municipal advisors ought to follow when undertaking municipal securities transactions and advising buyers and nation and local governments.
Enforcement of policies for bank dealers that are not registered as broker-sellers with is done by means of the bank regulatory our bodies - the workplace of Comptroller of foreign money; the Federal Reserve; and the Federal Deposit coverage business enterprise.The MSRB isn't legal to modify municipal entities, along with country and nearby authorities issuers of municipal securities.
The MSRB regulates all subjects related to the underwriting and buying and selling of kingdom and municipal securities however does no longer have enforcement powers. It relies upon on other SROs (e.g., FINRA) for the enforcement of its regulations.
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The answer is a formal integrating mechanism
Answer:
The answer is: The price elasticity of demand for a good measures the willingness of buyers of the good to buy less of the good as its price increases.
Explanation:
The price elasticity of demand measures the change in the quantity demanded of a product in relation to a change in its price.
The formula for determining the price elasticity of demand (PED) is:
PED = % of the change in Quantity Demanded / % of the change in price
If a good has a high PED (≥ 1) then it is called elastic, which means that any change in the price will change the quantity demanded in a greater proportion. If a good has a low PED (≤ 1) then it is called inelastic, which means that any change in the price will affect the quantity demanded in a smaller proportion.
Usually goods or services considered luxurious (e.g. gourmet cheese), tend to be very elastic (high PED). While products considered basic necessities (e.g. gasoline) tend to be very inelastic (low PED).
Due to the taxes being withheld at a higher rate, you are not able to repay the taxes. Since these taxes were already withheld at an incorrect issue on the company it is not your issue to repay. Arch needs to make the necessary adjustment to the companies annual income tax return when he submits it.