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

MSRB TO HOST WEBINARS ON NEW DISCLOSURE INFORMATION COMING ON EMMA

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) announced today it will host a webinar to preview the additional Electronic Municipal Market Access (EMMA) voluntary disclosure options available to issuers and obligated persons beginning May 23, 2011.

The webinar, which will last approximately 30 minutes, will discuss how issuers and obligated persons can use these new disclosure capabilities to communicate important information to investors through the MSRB’s EMMA website. There is no cost to participate; however, pre-registration is required. Click on the link below or visit the “Upcoming Events” section of www.msrb.org to register for the webinar.

New EMMA Disclosures Overview
Thursday, May 5, 2011 at 2:00 p.m. EST Register.

The MSRB will also host two training webinars in May designed to assist those individuals responsible for submitting new voluntary issuer disclosure information to EMMA. The identical sessions will cover the process of submitting additional voluntary submissions as described in MSRB Notice 2011-20, including preliminary official statements, voluntary primary market documents, and information about the timing and accounting standard used in preparing annual financials. There is no cost to participate in the webinars but pre-registration is required. Click on the links below or visit the “Upcoming Events” section of www.msrb.org to register for a session.

New EMMA Submissions: Preliminary Official Statements and Timing and Accounting Standards Used in Preparing Annual Financials
Tuesday, May 10, 2011 at 10:30 a.m. EST Register.
Thursday, May 19, 2011 at 2:30 p.m. EST Register.

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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