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

MSRB BOARD MEMBER JOHN E PETERSEN DIES

Alexandria, VA – The Board of Directors of the Municipal Securities Rulemaking Board (MSRB) expressed its sorrow today over the loss of one of its members, John E. Petersen, 71, who suffered a heart attack on April 4, 2012. Dr. Petersen was currently serving as a public member on the MSRB Board of Directors.

“John made many significant contributions to the public finance industry throughout his career,” said MSRB Chair Alan D. Polsky. “We were honored to have him as a member of our Board of Directors.”

Dr. Petersen was a professor of public policy and finance at George Mason University. Prior to teaching at George Mason University, Dr. Petersen was president of the Government Finance Group and senior director of the Government Finance Research Center, a division of the Government Finance Officers Association. He also did extensive international work, including research and advisory work in Asia and Eastern Europe as a consultant with the World Bank, the Asian Development Bank, USAID and the International Finance Corporation.

Dr. Petersen is survived by his wife, Mary, children and grandchildren.

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.

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