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

Alexandria, VA - The Municipal Securities Rulemaking Board (MSRB), a self-regulatory organization with rulemaking and market information responsibilities, announced today that Leslie Carey has joined the organization as Associate General Counsel. Carey has more than 10 years of municipal bond experience in the private and public sectors.  Prior to her appointment at MSRB, Leslie served as Senior Counsel at Shefsky & Froelich in Chicago where she represented municipal issuers, underwriters and borrowers in various financings.  Carey earlier was Associate General Counsel for the District of Columbia Housing Finance Agency where she counseled the agency on bond issuances, among other responsibilities, and has additional experience as bond and underwriter's counsel.

"Leslie's background makes her a great fit for a role on our legal team," said Lynnette Hotchkiss, MSRB's Executive Director.  "She knows the muni bond market well and has experience working with all types of market participants," Hotchkiss said that in addition to working on the MSRB's rulemaking initiatives, Carey will be actively involved in the continued development of the MSRB's Electronic Municipal Market Access system, or EMMA.

Carey received her Bachelor of Arts in political science and her law degree from the University of Illinois at Urbana-Champaign.