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

MSRB NAMES DEPUTY GENERAL COUNSEL

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) today announced the promotion of Lawrence Sandor to Deputy General Counsel, Regulatory Support. 

Mr. Sandor, who previously served as the MSRB's Senior Associate General Counsel, focuses on the MSRB’s examination and enforcement support for other regulatory authorities, and also on rulemaking and policy development with respect to 529 college savings plans and on various other MSRB regulatory matters. 

Mr. Sandor joined the MSRB in 2008 after serving as Chief Compliance Officer of Wachovia Securities LLC in Richmond, VA. Earlier, he served in various compliance-related roles at Wachovia and has also worked in private practice advising financial services firms on securities regulation. Mr. Sandor received his law degree from Emory University School of Law. 

"Larry has been a significant contributor at the MSRB, leveraging his extensive prior broker-dealer legal and compliance experience to bring key skills and insight to the MSRB," said MSRB Executive Director Lynnette Kelly. "He has been instrumental in the MSRB’s efforts to work closely with other regulatory authorities on the enforcement of our rules."

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.