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

MSRB AND BDA TO CO-HOST MUNICIPAL SECURITIES
COMPLIANCE SEMINAR IN MINNEAPOLIS

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) and the Bond Dealers of America (BDA) announced today they will hold a municipal securities regulation seminar for municipal market participants on Thursday, May 12, 2011 from 2:00 p.m. to 5:00 p.m. at the Grand Hotel, 615 Second Avenue South, Minneapolis, MN 55402.

Panel discussions will address MSRB rulemaking initiatives over the past year, including the MSRB’s implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Senior staff from the Financial Industry Regulatory Authority and the Internal Revenue Service will discuss current compliance and enforcement issues.

“Historic municipal market changes have taken place over the past year following the enactment of Dodd-Frank,” said MSRB Executive Director Lynnette Kelly Hotchkiss. “The MSRB is pleased to work with the BDA to keep market participants updated about the current regulatory environment.”

The seminar is open to all members of the municipal securities community, including dealers, municipal advisors, issuers and bond counsel. There is no charge for attending; however, pre-registration is required. To register for the conference, click here.

"The BDA is always happy to work with the MSRB to advance the information flow that is so critical to all aspects of the municipal securities market.” said Mike Nicholas, CEO of the Bond Dealers of America. “This event has been a tremendous success in the past and we expect May 12 in Minneapolis to be very well attended and tangibly beneficial to all."


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.