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

MSRB PUBLISHES 2012 ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) today published its 2012 Annual Report, which highlights the organization’s activities and provides financial highlights for the fiscal year that ended September 30, 2012. The report provides updates on MSRB initiatives, including the protection of investors and state and local governments, and improvements in municipal market transparency.

MSRB activities highlighted in the 2012 Annual Report include:

  • Investor protection initiatives such as the launch of the MSRB’s online toolkit for municipal securities investors
  • Expanded resources and protections for state and local governments
  • Recent and planned enhancements for the MSRB’s Electronic Municipal Market Access (EMMA®) website, the official repository for information on all municipal bonds
  • Recent outreach events and resources offered by the MSRB to educate market stakeholders about new developments and solicit input on MSRB initiatives
  • Financial highlights on the MSRB’s sources of funding and allocation of resources 

The financial highlights included in the annual report are supported by complete audited financial statements. 

The Municipal Securities Rulemaking Board (MSRB) protects and strengthens the municipal bond market, enabling access to capital, economic growth, and societal progress in tens of thousands of communities across the country. The MSRB fulfills this mission by creating trust in our market through informed regulation of dealers and municipal advisors that protects investors, issuers and the public interest; building technology systems that power our market and provide transparency for issuers, institutions, and the investing public; and serving as the steward of market data that empowers better decisions and fuels innovation for the future. The MSRB is a self-regulatory organization governed by a board of directors that has a majority of public members, in addition to representatives of regulated entities. The MSRB is overseen by the Securities and Exchange Commission and Congress.

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