On September 13, 2017, the Municipal Securities Rulemaking Board (the “MSRB”) published a market advisory (the “Market Advisory”) regarding “Selective Disclosure” by municipal security issuers, which occurs when certain classes of investors (such as investment banking firms, investment advisers and institutional investors) are given access to information but other investors are not. Selective disclosure may occur during road shows, investor conferences and one-on-one investor meetings…..