Back to top
Date:

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

 MSRB ANNOUNCES BOARD MEMBER SERVICE TERM
CHANGES TO ESTABLISH A PERMANENT 21-MEMBER BOARD

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) today announced changes to the length of service of members of its Board of Directors to establish groups of members whose terms expire in sequential years.

The changes are intended to preserve the Board’s diverse representation and are consistent with the MSRB’s transition to a permanent 21-member Board as recently approved by the Securities and Exchange Commission. With the term changes, the Board will consist of three groups of seven Board members.

The following Board members will serve on the Board through September 30, 2013: Sheryl Bailey, Jay Goldstone, Steve Heaney, Robert Lamb, David Madigan, Alan Polsky and Ben Thompson. Board members Robert Fippinger and Noreen White will serve on the Board through September 30, 2014.

The Municipal Securities Rulemaking Board (MSRB) was established by Congress in 1975 with the mission to protect investors, issuers and the public interest and to promote efficiency, competition and capital formation. MSRB is a private, self-regulatory organization governed by an independent board of directors with market knowledge and expertise. MSRB does not receive federal appropriations and is funded primarily through fees paid by regulated entities. MSRB is overseen by Congress and the Securities and Exchange Commission.

Print