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Contact:           Lynnette Kelly Hotchkiss, Executive Director
                       (703) 797-6600
                       lhotchkiss@msrb.org


MSRB Names Jennifer Galloway Chief Communications Officer

Alexandria, VA - The Municipal Securities Rulemaking Board (MSRB), a self-regulatory organization formed by Congress in 1975, has appointed Jennifer Galloway to the newly created position of Chief Communications Officer, MSRB Executive Director Lynnette Kelly Hotchkiss announced today. Galloway brings nearly 20 years of communications experience to MSRB, with a career that spans financial services, corporate communications and journalism.

MSRB's Board of Directors recently created the communications position to oversee the board's corporate communications functions, especially as it rolls out its Electronic Municipal Market Access (EMMA) system and enhances its research capabilities.

"We are delighted that Jennifer is joining MSRB at this critical juncture," said Frank Chin, MSRB Chairman of the Board. "MSRB is launching a groundbreaking market information system, developing its research functions and completing the New Issue Information Dissemination System," he said."Jennifer's arrival will enable MSRB to effectively reach its constituents and get out the good word about all our initiatives."

Prior to joining MSRB, Galloway was director of corporate development at BulletinNews, a news monitoring company. Earlier she worked in corporate communications for SLM Corp. and J.&W. Seligman & Co., and also served as managing editor for LatinFinance magazine.

Galloway received her bachelor's degree from Cornell University and her master's from the University of Missouri-Columbia School of Journalism.

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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