Expanding Compliance Support

The MSRB is applying its market expertise to ensuring that its rules are clear and understandable for regulated entities. Guidance from the Compliance Advisory Group and other stakeholder input allowed the MSRB to provide the following compliance assistance for regulated entities in fiscal year 2018:

Read more about the MSRB's FY 2018 compliance initiatives.

Types of Compliance Information
A fair and efficient municipal securities market benefits from all participants sharing a common understanding of the rules governing the conduct of brokers, dealers and municipal securities dealers (collectively, “dealers”) and municipal advisors. Rules are developed in a transparent and participatory rulemaking process. The MSRB provides ongoing compliance information to supplement understanding of these rules by dealers and municipal advisors. The MSRB also engages in various market leadership activities in support of its mission to protect the integrity of the municipal securities market.


Compliance Advisory Group
The MSRB has established a compliance advisory group to provide expertise and input to the Board of Directors to help inform the organization’s long-term strategic goal to facilitate industry understanding of and compliance with MSRB rules. Board Chair Lucy Hooper appointed Board members Julia Cooper, Jerry Ford and Donna Simonetti to serve as liaisons to the compliance advisory group. Read more about the mission and members of the compliance advisory group.