On August 9th, the Municipal Securities Rulemaking Board published a concept release requesting comment on a proposal to enhance protections for individual investors who use electronic brokerage platforms to invest in municipal securities. The concept release outlines possible new requirements for electronic brokerages, including the delivery of an educational disclosure document to individual investors, collection of information regarding the investment profile of individual investors, and more rigorous supervision of accounts and transactions. Comments should be submitted on or before September 21, 2012. MSRB Press Release.