SIFMA, MSRB, and DTCC to hold NIIDS/NUWS

The Securities Industry and Financial Markets Association (SIFMA), the Municipal Securities Rulemaking Board (MSRB), and the Depository Trust and Clearing Corporation (DTCC) will jointly sponsor seminars to discuss recent developments regarding DTCC's New Issue Information Dissemination System (NIIDS) and New Underwriting System (NUWS) and their impact on municipal securities dealers.  The series of seminars will kick off in Dallas on July 31, 2007.

• SIFMA representatives will provide an overview of recent NIIDS/NUWS developments.

• MSRB representatives will discuss the proposed rule changes designed to improve transaction reporting for new issue municipal securities. 

• DTCC representatives will review the final development stages of the reengineering of its legacy underwriting system and provide information regarding the NIIDS/NUWS implementation schedule, pilot testing, and training. 

All panelists will be available to answer questions.  Each seminar is expected to cover the same information, so there is no need to attend more than one.  Below are the dates and locations of the seminars: 

            Dallas

            Date:                Tuesday, July 31, 2007

            Time:                9:30 a.m. to 12:30 p.m.

            Venue:              Hyatt Regency

                                    Dallas Fort Worth Airport, TX

          Click To Register or go to http://archives1.sifma.org/dbaccess/(d1d524y2uaeror45zxmlyq45)/regform.aspx?meetingid=572 

            New York

            Date:                Thursday, August 2, 2007

            Time:                9:30 a.m. to 12:30 p.m.

            Venue:              SIFMA Global Financial Markets Conference Center

                                    360 Madison Avenue, 17th Floor

          Click To Register or go to http://archives1.sifma.org/dbaccess/(whhlyb454jfjkh453wzfym55)/regform.aspx?meetingid=574

            Chicago

            Date:                Tuesday, August 7, 2007

            Time:                9:30 a.m. to 12:30 p.m.

            Venue:              The Mid America Club

                                    Chicago, IL

          Click To Register or go to http://archives1.sifma.org/dbaccess/(k003yr55ha1f4o2hlaxvsa45)/regform.aspx?meetingid=573

These seminars are open to all members of the municipal securities community and there is no charge for attending; however, pre-registration is required.  To register, please follow the respective links above.

Registration questions may be directed to Rachel Heidingsfelder of SIFMA at (646)637-9278.  Questions about program and content of the seminars may be directed to Leslie Norwood or John Fitzgerald of SIFMA at (646)637-9200, Justin Pica of the MSRB at (703)797-6600, or Denise Russo of DTCC at (212)855-3731.

June 29, 2007