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

MSRB FILES SERIES 52 PROGRAM REVISIONS WITH THE SEC

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) today announced that it has filed with the Securities and Exchange Commission (SEC) a proposal to expand its qualifying examination for municipal securities representatives and change the associated study outline. If approved by the SEC, the changes are effective January 3, 2011.

The MSRB’s Series 52 exam qualifies municipal professionals to engage in the full complement of municipal securities activities as municipal securities representatives. The MSRB’s proposed changes increase the length of the Series 52 exam and revise the study outline to add product detail, eliminate redundancies and update terms used in the outline.

Read the full MSRB notice detailing the changes and access the revised outline.

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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