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

EDUCATIONAL MATERIALS ON MSRB RULE G-17 NOW AVAILABLE

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) today made available educational materials on the upcoming changes to MSRB Rule G-17 on the duties of underwriters to state and local governments. The materials include a four-part recorded webinar and associated PowerPoint presentations. The materials are available on the MSRB’s website at www.msrb.org.  

The new requirements for underwriters, which are effective August 2, 2012, are outlined in an interpretive notice on MSRB Rule G-17. They include explicit and expanded requirements for underwriters aimed at protecting state and local governments that issue municipal bonds. The new rules create affirmative obligations for underwriters to ensure that municipal bond issuers have the information they need to make informed decisions.

Read the complete new regulations.  

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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