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Contact: Jennifer A. Galloway, Chief Communications Officer
              202-838-1500
              jgalloway@msrb.org

MSRB PUBLISHES 2015 ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS

Washington, DC – The Municipal Securities Rulemaking Board (MSRB) today published its 2015 Annual Report, which highlights the organization's progress on investor protection initiatives to enhance market structure, its ongoing efforts to improve issuer disclosure practices and the implementation of new regulatory standards for municipal advisors.

The report also includes financial highlights for the organization for the fiscal year that ended September 30, 2015 with a link to access full audited financial statements on the MSRB’s website.

Among the MSRB 2015 initiatives included in the report:

  • Enhancements to the availability of more robust pricing information for municipal securities investors
  • Advocating for better disclosure of bank loans and alternative financings by municipal securities issuers
  • Creation of the first professional qualifying examination for municipal advisors
  • Addition to the online MSRB Education Center of objective, non-commercial resources about municipal market topics 

Read the report. 

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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