Also In This Issue

Board Members: 1998-1999

MSRB Rule Book Available

Staff Appointment

Calendar

Consultants
Amendment Approved: Rule G-38(c)

Availability of Information on Transactions in Municipal Securities: Rule G-14

Amendments to Exempt Certain Dealers from the Form G-37/G-38 Submission Requirements and Other Amendments
Amendments Approved: Rules G-37, G-8, G-9 and G-38

Proposed Amendment Filed to Previously Filed Amendments
Amendments Filed: Rule G-23

Recommendations Requested for Board Nominations

Publications List

Publications Order Form

The Board has elected its Chairman and Vice Chairman for its 1999 fiscal year. Mr. Scott C. Sollers is serving as Chairman and Mr. Robert Dean Pope is serving as Vice Chairman. They began their terms on October 1, 1998.

Mr. Sollers is a principal with Stone & Youngberg LLC and has had overall management responsibilities for the firm’s investment banking activities since 1981. He began his career financing California public projects in 1976. In January 1991, Mr. Sollers was elected Chairman of the firm’s Executive Committee. He is currently serving as a member of the Technical Advisory Committee to the California Debt Advisory Commission. Mr. Sollers received his undergraduate degree and Master’s degree from the University of Pennsylvania.

Mr. Pope is a Partner with the law firm of Hunton & Williams. He is a member of the Anthony Commission on Public Finance, an advisory member, Committee on Governmental Debt and Fiscal Policy, Government Finance Officers Association and a former president of the National Association of Bond Lawyers. Mr. Pope received an A.B. magna cum laude in history from Princeton University, a J.D. and Ph.D. from Yale University, and a diploma in historical studies from Cambridge University.

In This Issue

Electronic Delivery and Receipt of Information by Brokers, Dealers and Municipal Securities Dealers

The Board is publishing a notice to address the use by brokers, dealers and municipal securities dealers of electronic media to deliver and receive information under Board rules.

Syndicate Practices Amendments Approved: Rules G-11, G-12 and G-8

The Securities and Exchange Commission has approved syndicate practices amendments concerning issuer syndicate requirements, allocation of securities, disclosure of designation information, disclosure of the take-down and payment of designations.

Disclosure Obligations of Brokers, Dealers and Municipal Securities Dealers in Connection with New Issue Municipal Securities Under Rule G-32

The Board is publishing this notice to review the requirements of rule G-32 and to emphasize the importance of full and timely compliance.

Issuer Selection of Underwriters’ Counsel

The Board is publishing a notice regarding issuer selection of underwriters’ counsel.