Final answer:
Municipal finance professionals (MFPs) typically include individuals who are involved in the retail sales of municipal securities to individual customers.
Step-by-step explanation:
Municipal finance professionals (MFPs) typically include individuals who are involved in the retail sales of municipal securities to individual customers. MFPs are responsible for providing financial advice and assistance to individuals and organizations interested in investing in municipal bonds or other securities issued by local government entities.
These professionals help individuals understand the benefits and risks of investing in municipal securities, assist in the selection of suitable investment options, and facilitate the purchase and sale transactions. They may work for financial institutions, brokerage firms, investment banks, or other entities that specialize in providing municipal finance services.
For example, a municipal finance professional may work as a financial advisor at a bank and help individual customers invest in municipal bonds issued by their local government to fund infrastructure projects or provide essential services like schools and hospitals.