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The MSRB recently released a video to commemorate its 40th year of promoting a fair, transparent and efficient municipal securities market. The seven-minute video traces the history of the market and highlights the MSRB’s role in protecting the public interest in a well-functioning capital market that helps support the construction of bridges, schools and other public projects. It also explores the effects of the Dodd-Frank Wall Street Reform and Consumer Protection Act on the future of municipal market regulation.
Watch the video.
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In July, the MSRB Board of Directors met and discussed several rulemaking proposals and
corporate matters in preparation for the start of the organization’s upcoming
fiscal year. The Board discussed development of a new proposal on markup disclosure
and plans to seek public comment on this and other alternative approaches to helping
investors understand the transaction costs and pricing of a municipal bond
trade. The Board also discussed measures to enhance regulatory efficiency and
addressed the findings of a holistic review of fees on regulated entities,
among other topics.
Read the full summary of the Board meeting.
The MSRB plans to provide guidance for dealers on the implementation of new Rule G-18, on best execution, in advance of the December 7, 2015 effective date.
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MSRB Invites Comment on Creating Data Product for Academic Researchers
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Stay Tuned for More Information on the Series 50 Exam
The MSRB will announce via email when volunteers can sign up to take the pilot Municipal Advisor Representative Qualification Examination (Series 50).
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July 31, 2015: MSRB Revises Content Outlines for its Professional Qualification Examinations for Municipal Securities Dealers
July 23, 2015: MSRB Documents System Hours in EMMA System, RTRS and SHORT System Information Facilities
July 23, 2015: Proposed Rule Change Consisting of Revisions to the Electronic Municipal Market Access System, the Real-time Transaction Reporting System and the Short-Term Obligation Rate Transparency System
July 16, 2015: Request for Comment on Establishment of an Academic Historical Trade Data Product
June 30, 2015: MSRB to Extend Due Date for First Submissions Under MSRB Rule G-45, Reporting of Information on Municipal Fund Securities
June 30, 2015: Proposed Rule Change Consisting of an Amendment to MSRB Rule G-45, on Reporting of Information on Municipal Fund Securities
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