Engaging with Stakeholders
by Meredith Hathorn, Board Chair and Mark Kim, Chief Executive Officer
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| MSRB’s outreach to industry stakeholders has been front and center this spring as the organization hosted the second of two meetings, which we outlined in a February open letter to stakeholders in The Bond Buyer. On Tuesday, April 16, prior to the MSRB’s third quarterly Board meeting, MSRB Board Leadership, Finance Committee members, along with several other members of the Board and MSRB senior staff, met with industry stakeholders to discuss the MSRB’s budget and technology initiatives, providing greater transparency and insight into these areas. The meeting opened up an opportunity for various stakeholder groups representing broker-dealers, municipal advisors, issuers and investors to come together and share their perspectives. This event followed a meeting in March with regulated entities to discuss the MSRB’s 2024 rate card and fee-setting process. We look forward to continued engagement with our stakeholders as we advance the MSRB’s mission of protecting and strengthening the municipal securities market. |
Latest News from the Board
The MSRB Board of Directors met April 17-18 for its third quarterly meeting of fiscal year 2024, where it discussed several market regulation and market transparency initiatives to advance its FY 2022-2025 Strategic Plan.
The Board authorized key market regulation initiatives, including:
- Issuing a request for comment on proposed changes to MSRB Form A-12 to collect associated person information from bank dealers for subsequent display on MSRB.org, as well as on certain potential technical amendments to Rule A-12.
- Issuing a concept proposal seeking input on the potential modernization of requirements for dealers to deliver primary offering disclosures to customers for municipal fund securities, which include 529 plans and ABLE programs.
The Board also received updates on a number of pending rule modifications, including the proposal to modify Rule G-14 to shorten the timeframe for trade reporting. Additionally, the Board received an update on efforts to modernize the EMMA website and related market transparency systems and reviewed recent and forthcoming research publications.
Recent MSRB Publications
MSRB research, data and educational materials assist market participants, policymakers and the public in developing a deeper understanding of the municipal securities market. Recent publications include:
- Possible Redemption of Build America Bonds
- Pre-Trade Market Activity in Municipal Securities: Recent Development
- First Quarter 2024 Municipal Securities Market Summary
- Trading Patterns in the Municipal Securities Market
View all MSRB market data and research.
View the MSRB’s library of educational resources.
Rules and Guidance Roundup
Visit the Regulation and Compliance page of msrb.org to stay up-to-date with the latest requests for comment, proposed rule changes, rule approval notices and market advisories.
Compliance Resources
Visit the online Regulatory Documents library for resources and information to help regulated entities understand and comply with MSRB rules.
Recent Press Releases
Read the MSRB’s latest press releases on msrb.org.
Follow the MSRB on LinkedIn
Connect, engage and stay in the loop by following the MSRB on LinkedIn.
