MSRB Creates Video Tutorial For Submission Of Continuing Disclosure Documents

Date: February 26, 2010

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


MUNICIPAL SECURITIES RULEMAKING BOARD CREATES VIDEO TUTORIAL
FOR SUBMISSION OF CONTINUING DISCLOSURE DOCUMENTS 
 

Alexandria , VA – The Municipal Securities Rulemaking Board (MSRB) today made available an instructional video for municipal securities issuers and others who submit continuing disclosure documents to the MSRB’s EMMA municipal bond website.  The video, which can be accessed here, provides an overview of the submission process and demonstrates how to make a continuing disclosure submission. The video will also be accessible on the EMMA website at http://emma.msrb.org.

In conjunction with the release of the tutorial, the MSRB also is providing a new and improved way for document submitters to associate their securities, identified by CUSIP numbers, to a particular document submission.  EMMA now guides users through the process with plain English questions.  To further help issuers and others associate continuing disclosure documents with the appropriate securities, the MSRB has published a tip sheet about CUSIP numbers.

EMMA, which stands for Electronic Municipal Market Access, is the central electronic depository for municipal bond information.  EMMA houses information for more than 1.2 million municipal bonds and is available free of charge.  In addition to trade data and disclosure documents, EMMA provides key interest rate information about municipal variable rate demand obligations and auction rate securities, and educational information about municipal bonds.


The MSRB protects investors, state and local governments and other municipal entities, and the public interest by promoting a fair and efficient municipal securities market. The MSRB fulfills this mission by regulating the municipal securities firms, banks and municipal advisors that engage in municipal securities and advisory activities. To further protect market participants, the MSRB provides market transparency through its Electronic Municipal Market Access (EMMA®) website, the official repository for information on all municipal bonds. The MSRB also serves as an objective resource on the municipal market, conducts extensive education and outreach to market stakeholders, and provides market leadership on key issues. The MSRB is a self-regulatory organization governed by a 21-member board of directors that has a majority of public members, in addition to representatives of regulated entities. The MSRB is overseen by the Securities and Exchange Commission and Congress.