Series 54: No Bundling

No Bundling

Dealers, municipal advisors, municipal advisor solicitors, MAPs, and MFPs may not coordinate any contributions to an official who can direct advisory business to the firm. This is often called “bundling.” Additionally, the rule states that none of these same entities or people shall solicit any person or PAC to make a contribution or payment to an official who can direct advisory or securities business to the firm.

Example Question 1

You are working as a Municipal Advisor Representative and you live in an area that allows you to vote for an official who can direct business to your firm. You go door to door