Back to top
Date:

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

MSRB TO PROVIDE WRITTEN VERIFICATION OF MUNICIPAL ADVISOR AND DEALER REGISTRATION STATUS 

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) today announced it will provide written verification of the registration status of municipal advisors and dealers so state and local governments and others can verify that these firms are currently registered with the MSRB.

At any time, the registration status of municipal advisors and dealers can be confirmed on the MSRB website. Beginning today, registered entities can obtain a Certificate of Current MSRB Registration so they can respond to requests from municipal entities and others to provide this information. View a sample registration certificate.

Federal securities laws and MSRB rules require municipal advisors and dealers to be registered with both the Securities and Exchange Commission and the MSRB, and the MSRB recommends that municipal entities and obligated persons verify the registration status of any municipal advisor and dealer firm they retain.

“State and local governments and obligated persons hiring financial professionals may want written verification of their registration status,” said MSRB Executive Director Lynnette Kelly Hotchkiss. “The MSRB has created a Certificate of Current MSRB Registration so that municipal advisors or dealers can satisfy these requests.”

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. 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. 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. MSRB is overseen by the Securities and Exchange Commission and Congress.

Print