MSRB Launches Redesigned Website

Date: June 18, 2010

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


Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) today launched a redesigned website with better navigation, new content and features, and a contemporary style. The new site is designed to provide better access to information about MSRB rules and the municipal securities disclosures and data disseminated by the MSRB, and to provide educational material about the nearly $3 trillion municipal securities market.

The website, at, includes:

  • improved presentation of MSRB rules and related interpretations
  • dedicated sections for municipal securities dealers, issuers and investors
  • information that explains municipal securities disclosures and data the MSRB collects and makes available to the public for free
  • helpful right-hand navigation with quick links to related content
  • educational resources about the municipal market

“Over the last two years, the MSRB has sought to improve communication with all market participants,” said MSRB Executive Director Lynnette Kelly Hotchkiss. “We have expanded our communication to include not only the municipal securities dealers we regulate but also issuers, investors, policymakers and other market participants. Our redesigned website is a huge leap forward in our market transparency efforts as we continue to make information about the municipal bond market more accessible to all,” Hotchkiss said.

The MSRB’s website is the primary means for disseminating regulatory information, announcements and official actions. The MSRB also operates the Electronic Municipal Market Access (EMMA) website, the official source of municipal market documents and data. Both websites support the MSRB’s investor protection mission and its efforts to provide improved market transparency. Information on both websites is informative, objective and easy-to-access, providing investors with key resources for learning about the municipal securities market.

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.