Notice2024-19398
Notice of Intention To Cancel Registration of Certain Municipal Advisors Pursuant to Section 15b(C)(3) of the Securities Exchange Act of 1934
Primary source
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Published
August 29, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 168 (Thursday, August 29, 2024)</title>
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[Federal Register Volume 89, Number 168 (Thursday, August 29, 2024)]
[Notices]
[Page 70230]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-19398]
[[Page 70230]]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-100815]
Notice of Intention To Cancel Registration of Certain Municipal
Advisors Pursuant to Section 15b(C)(3) of the Securities Exchange Act
of 1934
August 23, 2024.
Notice is given that the Securities and Exchange Commission (the
``Commission'') intends to issue an order or orders, pursuant to
Section 15B(c)(3) of the Securities Exchange Act of 1934 (the ``Act''),
cancelling the municipal advisor registration of Development & Public
Finance, LLC (CIK# 1613281) (hereinafter referred to as the
``Registrant'').
Section 15B(c)(3) of the Act provides, in pertinent part, that if
the Commission finds that any municipal advisor registered under
Section 15B is no longer in existence or has ceased to do business as a
municipal advisor, the Commission, by order, shall cancel the
registration of such municipal advisor.
The Commission finds that the Registrant:
(i) has not filed any municipal advisor form submissions with
the Commission through the Commission's Electronic Data Gathering
and Retrieval (``EDGAR'') system since May 24, 2021 (including but
not limited to the annual amendments (form MA-A) required by 17 CFR
240.15Ba1-5(a)(1)); and/or
(ii) based on information available from the Municipal
Securities Rulemaking Board (the ``MSRB''), (a) is not registered as
a municipal advisor with the MSRB under MSRB Rule A-12(a) and/or (b)
does not have an associated person who is qualified as a municipal
advisor representative under MSRB Rule G-3(d) and for whom there is
a Form MA-I required by 17 CFR 240.15Ba1-2(b) available on EDGAR,
and/or (c) has not, since February 2022, filed with the MSRB any
Form A-12 annual affirmation as required by MSRB Rule A-12(k); and/
or withdrew its registration from the MSRB without first withdrawing
its registration from the Commission.
Accordingly, the Commission finds that the Registrant is either no
longer in existence or has ceased to do business as a municipal
advisor.
Notice is also given that any interested person may, by September
23, 2024, at 5:30 p.m. Eastern Time, submit to the Commission in
writing a request for a hearing on the cancellation of the registration
of the Registrant, accompanied by a statement as to the nature of such
person's interest, the reason for such request, and the issues, if any,
of fact or law proposed to be controverted, and such person may request
to be notified if the Commission should order a hearing thereon. Any
such communication should be addressed to the Commission's Secretary at
the address below. All comments or requests received will be posted
without change; the Commission does not edit personal identifying
information from submissions. You should submit only information that
you wish to make available publicly.
At any time after September 23, 2024, the Commission may issue an
order or orders cancelling the registration of the Registrant, upon the
basis of the information stated above, unless an order or orders for a
hearing on the cancellation shall be issued upon request or upon the
Commission's own motion. Persons who requested a hearing, or to be
advised as to whether a hearing is ordered, will receive any notices
and orders issued in this matter, including the date of the hearing (if
ordered) and any postponements thereof. Any Registrant whose
registration is cancelled under delegated authority may appeal that
decision directly to the Commission in accordance with Rules 430 and
431 of the Commission's rules of practice (17 CFR 201.430 and 431).
ADDRESSES: Secretary, U.S. Securities and Exchange Commission, 100 F
Street NE, Washington, DC 20549.
FOR FURTHER INFORMATION CONTACT: Mark Elion, Senior Counsel, Office of
Municipal Securities, 100 F Street NE, Washington, DC 20549, or at
(202) 551-5680.
For the Commission, by the Office of Municipal Securities,
pursuant to delegated authority.\1\
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\1\ 17 CFR 200.30-3a(a)(1)(ii).
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Vanessa A. Countryman,
Secretary.
[FR Doc. 2024-19398 Filed 8-28-24; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on August 29, 2024.
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