Series 50: Inadvertent Advice

Inadvertent Advice

If a municipal advisor inadvertently provides advice or other municipal advisory services to a municipal entity and does not wish to continue these services, it may avoid the disclosure of conflicts of interest and the documentation of municipal advisory relationship requirements of Rule G-42 by providing to the municipal entity a written document that contains the following:

•A statement that the advisor did not mean to provide the advice or service and that it will immediately cease

•A statement that it has not disclosed its conflicts of interest

•A list of the advice that was provided

•A request for acknowledgement of receipt of the writte