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

MSRB NAMES DEPUTY GENERAL COUNSEL

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) today announced the promotion of Lawrence Sandor to Deputy General Counsel, Regulatory Support. 

Mr. Sandor, who previously served as the MSRB's Senior Associate General Counsel, focuses on the MSRB’s examination and enforcement support for other regulatory authorities, and also on rulemaking and policy development with respect to 529 college savings plans and on various other MSRB regulatory matters. 

Mr. Sandor joined the MSRB in 2008 after serving as Chief Compliance Officer of Wachovia Securities LLC in Richmond, VA. Earlier, he served in various compliance-related roles at Wachovia and has also worked in private practice advising financial services firms on securities regulation. Mr. Sandor received his law degree from Emory University School of Law. 

"Larry has been a significant contributor at the MSRB, leveraging his extensive prior broker-dealer legal and compliance experience to bring key skills and insight to the MSRB," said MSRB Executive Director Lynnette Kelly. "He has been instrumental in the MSRB’s efforts to work closely with other regulatory authorities on the enforcement of our rules."

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.

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