Municipal Advisors Must Now Register with the SEC Beginning October 1, 2010, persons providing municipal advice on behalf of a municipal entity must register with the SEC using Form MA-T for temporary registration.

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http://www.sec.gov/news/press/2010/2010-162.htm

The Firm Brochure and the New Form ADV Part II Requirements

The SEC has made substantial changes to the type and form of disclosures investment advisers are required to make on Form ADV Part II. Advisers whose fiscal year ends on or after December 31, 2010, must file an annual updating amendment to their Form ADV with the new brochure(s) not later than March 31, 2011.

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http://www.sec.gov/investor/alerts/bulletin-formadv.htm

New Warning: Form U-5's requirement of Complete and Accurate Information FINRA's recent guidance requires a more expansive reading of what must be disclosed when broker-dealers report reasons for terminating. FINRA wants more detailed information when respond ing to Questions 7B and 7F of Form U-5.

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http://www.finra.org/Industry/Regulation/Notices/2010/P122041

New Jersey's Fraudulent Municipal Bond Offerings and why Muni Issuers should be concerned

The SEC's focus on muncipal bond offerings. The SEC and its new Municipal Securities and Public Pensions Unit has wasted little time scrutinizing municipal

securities offerings. Just Ask the State of New Jersey - the first state ever charged by the SEC for violating the federal securities laws.

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http://www.sec.gov/news/press/2010/2010-152.htm

SEC Charges Koss Corp. Accounting Executives with Fraud

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http://sec.gov/news/press/2010/2010-160.htm