Form MA-I Filings

What Is SEC Form MA-I?

SEC Form MA-I is an important filing required under Exchange Act Rule 15Ba1-2(b). It is used by municipal advisory firms applying for registration or already registered on Form MA to provide information about each natural person associated with the firm who engages in municipal advisory activities on the firm’s behalf, and by sole proprietors to provide additional personal information.

This form is typically filed as part of an initial municipal advisor registration process for associated natural persons, and it is also used to amend previously submitted information when details become inaccurate. For non-resident associated persons, Form MA-I may need to be filed together with Form MA-NR.

Form MA-I ensures transparency by formally identifying the natural persons who engage in municipal advisory activities on behalf of a registered municipal advisory firm or as sole proprietors. It provides background and disclosure information that helps regulators evaluate the qualifications and status of those individuals.

Key elements typically found in SEC Form MA-I include:

• Name and identifying information of the individual
• Residential history and employment history
• Information about other business activities of the individual
• Disclosure information, including reportable legal or regulatory events
• Status as an associated person or sole proprietor engaged in municipal advisory activities
• Form MA-NR attachment requirements for certain non-resident individuals

SEC Form MA-I Filing Deadlines

SEC Form MA-I has filing timing requirements tied to municipal advisor registration status and changes in previously reported information. These timing requirements are important to ensure regulatory compliance and accurate disclosure to the SEC.

Key Things to Know About Form MA-I Filing Rules

• Associated Person Disclosure Required: A municipal advisory firm must complete and file Form MA-I for each natural person associated with the firm who engages in municipal advisory activities on the firm’s behalf.
• Also Used by Sole Proprietors: A natural person applying for registration as a municipal advisor as a sole proprietor must complete Form MA-I in addition to Form MA.
• Amendments Must Be Filed Promptly: Form MA-I must be amended promptly whenever any previously reported information becomes inaccurate.
• Non-Resident Filings May Be Required: If the individual is a non-resident, the municipal advisory firm may also need to submit Form MA-NR together with Form MA-I.
• Used for Status Changes Too: If an associated person no longer engages in municipal advisory activities on the firm’s behalf or is no longer associated with the firm, the municipal advisor should amend that person’s Form MA-I to reflect the change.

To monitor municipal advisor registrations, amendments, and related disclosure activity, our Notifications for new SEC filings help you track key SEC filings like Form MA, Form MA-I, and Form MA-W, giving you visibility into registration changes and municipal advisory status updates.