WASHINGTON -- As expected, the MSRB asked the Securities and Exchange Commission yesterday to approve several amendments to its political contributions rule, including one that would protect firms that make good faith efforts to comply with the rule from being penalized for isolated violations by employees.

The Municipal Securities Rule-making Board also released a 13-page set of 40 questions and answers designed to help dealers better understand how to comply with Rule G-37. [A full text of the Questions and Answers will appear in tomorrow's issue of The Bond Buyer.]

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