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![Video](http://content.govdelivery.com/attachments/fancy_images/VAORGMSRB/2015/08/578591/629907/40th-video_crop.png) 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.
![G-18](http://content.govdelivery.com/attachments/fancy_images/VAORGMSRB/2015/08/578662/629913/document-big_crop.png) 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
![Study Guide](http://content.govdelivery.com/attachments/fancy_images/VAORGMSRB/2015/05/511830/548821/books-big_crop.png) 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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