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Contact: Jennifer A. Galloway, Chief Communications Officer
             (703) 797-6600
             jgalloway@msrb.org

EDUCATIONAL MATERIALS ON MSRB RULE G-17 NOW AVAILABLE

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) today made available educational materials on the upcoming changes to MSRB Rule G-17 on the duties of underwriters to state and local governments. The materials include a four-part recorded webinar and associated PowerPoint presentations. The materials are available on the MSRB’s website at www.msrb.org.  

The new requirements for underwriters, which are effective August 2, 2012, are outlined in an interpretive notice on MSRB Rule G-17. They include explicit and expanded requirements for underwriters aimed at protecting state and local governments that issue municipal bonds. The new rules create affirmative obligations for underwriters to ensure that municipal bond issuers have the information they need to make informed decisions.

Read the complete new regulations.  

The Municipal Securities Rulemaking Board (MSRB) protects and strengthens the municipal bond market, enabling access to capital, economic growth, and societal progress in tens of thousands of communities across the country. MSRB fulfills this mission by creating trust in our market through informed regulation of dealers and municipal advisors that protects investors, issuers and the public interest; building technology systems that power our market and provide transparency for issuers, institutions, and the investing public; and serving as the steward of market data that empowers better decisions and fuels innovation for the future. MSRB is a self-regulatory organization governed by a board of directors that has a majority of public members, in addition to representatives of regulated entities. MSRB is overseen by the Securities and Exchange Commission and Congress.

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