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Contact: Jennifer A. Galloway, Chief Communications Officer
              202-838-1500
              jgalloway@msrb.org

MSRB PRIMER UNDERSCORES ROLE OF MUNICIPAL SECURITIES IN INFRASTRUCTURE FINANCE

Washington, DC – The Municipal Securities Rulemaking Board (MSRB) today published a primer and resource for policymakers that underscores the role of municipal securities in financing infrastructure. Municipal Securities: Financing the Nation’s Infrastructure provides a basic understanding of municipal securities, how the municipal market provides access to capital for over 50,000 state and local governments that own and maintain the majority of public works, and the role of the federal government and public-private partnerships in investing in public infrastructure.

“Municipal Securities: Financing the Nation’s Infrastructure is an excellent resource for those interested in finding solutions to close the $2 trillion infrastructure gap,” said MSRB Executive Director Lynnette Kelly. “We want to raise awareness that municipal securities are the primary means of financing public infrastructure and inspire informed policy dialogue.” 

The primer is among the efforts by the MSRB to provide objective information about the role of the municipal securities market. As the self-regulatory organization for this $3.8 trillion capital market, the MSRB serves as a resource on the municipal securities market for members of Congress, their staff and other policymakers seeking objective, authoritative information to help guide policymaking decisions. View additional MSRB resources for policymakers.

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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