{"identifier":"/us/usc/t15/s78o\u20134a","title":15,"num":"\u00a7\u202f78o\u20134a.","heading":"Commission Office of Municipal Securities","text":"\u00a7\u202f78o\u20134a.\nCommission Office of Municipal Securities\n(a)\nIn general\nThere shall be in the Commission an Office of Municipal Securities, which shall\u2014\n(1) administer the rules of the Commission with respect to the practices of municipal securities brokers and dealers, municipal securities advisors, municipal securities investors, and municipal securities issuers; and\n(2) coordinate with the Municipal Securities Rulemaking Board for rulemaking and enforcement actions as required by law.\n(b)\nDirector of the Office\nThe head of the Office of Municipal Securities shall be the Director, who shall report to the Chairman.\n(c)\nStaffing\n(1)\nIn general\nThe Office of Municipal Securities shall be staffed sufficiently to carry out the requirements of this section.\n(2)\nRequirement\nThe staff of the Office of Municipal Securities shall include individuals with knowledge of and expertise in municipal finance.","url":"https://projectusc.org/usc/t15/s78o\u20134a.html","content":[{"t":"sec","id":"/us/usc/t15/s78o\u20134a","children":[{"t":"num","text":"\u00a7\u202f78o\u20134a."},{"t":"heading","text":"Commission Office of Municipal Securities"},{"t":"subsec","id":"/us/usc/t15/s78o\u20134a/a","children":[{"t":"num","text":"(a)"},{"t":"heading","text":"In general"},{"t":"chapeau","text":"There shall be in the Commission an Office of Municipal Securities, which shall\u2014"},{"t":"para","id":"/us/usc/t15/s78o\u20134a/a/1","children":[{"t":"num","text":"(1)"},{"t":"content","text":" administer the rules of the Commission with respect to the practices of municipal securities brokers and dealers, municipal securities advisors, municipal securities investors, and municipal securities issuers; and","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t15/s78o\u20134a/a/2","children":[{"t":"num","text":"(2)"},{"t":"content","text":" coordinate with the Municipal Securities Rulemaking Board for rulemaking and enforcement actions as required by law.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t15/s78o\u20134a/b","children":[{"t":"num","text":"(b)"},{"t":"heading","text":"Director of the Office"},{"t":"content","children":[{"t":"p","text":"The head of the Office of Municipal Securities shall be the Director, who shall report to the Chairman.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t15/s78o\u20134a/c","children":[{"t":"num","text":"(c)"},{"t":"heading","text":"Staffing"},{"t":"para","id":"/us/usc/t15/s78o\u20134a/c/1","children":[{"t":"num","text":"(1)"},{"t":"heading","text":"In general"},{"t":"content","children":[{"t":"p","text":"The Office of Municipal Securities shall be staffed sufficiently to carry out the requirements of this section.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t15/s78o\u20134a/c/2","children":[{"t":"num","text":"(2)"},{"t":"heading","text":"Requirement"},{"t":"content","children":[{"t":"p","text":"The staff of the Office of Municipal Securities shall include individuals with knowledge of and expertise in municipal finance.","tail":"\n"}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}