MSRB Announces Primary Market Submission Service Webinars

Date: January 12, 2011

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

MSRB ANNOUNCES PRIMARY MARKET SUBMISSION SERVICE WEBINARS

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) today announced that it will host webinars designed to assist municipal securities underwriters, dealers, and their agents with submitting documents to the MSRB’s Primary Market Submission Service. Four sessions, each covering the same information, will be held from February 1 to February 10, 2011. These sessions will include instructions for accessing the Gateway system and provide an overview on the amendment to MSRB Rule G-32.

The MSRB set an effective date of Monday, February 14, 2011 for amendments to Rule G-32 on disclosures in connection with primary offerings. Underwriters will be required to provide to EMMA certain information about continuing disclosure undertakings, including an indication about whether the issuer or other obligated person has undertaken to provide continuing disclosures; the identity of any obligated persons other than the issuer; and the timing by which issuers or obligated persons have agreed to provide annual financial and operating data.

Several webinar sessions will provide training on compliance with the amendment to Rule G-32, and instructions on how to submit documents to the Primary Market Disclosure Service on EMMA. The webinars will also provide instruction on accessing the Gateway system, navigating the Electronic Municipal Market Access (EMMA) Dataport, and submitting documents to the EMMA system.

There is no charge to attend MSRB webinars; however, pre-registration is required. Pre-registration can be completed by following the links below. Each session will last approximately one hour. Information about upcoming webinars and outreach seminars is also posted on www.MSRB.org under Events and Training.

Sessions

MSRB Primary Market Submission Basics:

Who should attend:
Municipal securities underwriters, dealers, and their agents. These webinars will provide training to access MSRB Gateway, navigation to EMMA Dataport, and the submission of official statements and advanced refunding documents to the EMMA system. The sessions will also include training on the amendment to MSRB Rule G-32 requiring underwriters to provide certain information about continuing disclosure undertakings effective February 14, 2011.

February 1, 2011, 2 p.m. ET. To register, click here.

February 3, 2011, 10 a.m. ET. To register, click here.

February 8, 2011, 12 p.m. ET. To register, click here.

February 10, 2011, 10 a.m. ET. To register, click here.


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 Congressionally-chartered, 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 subject to oversight by the Securities and Exchange Commission.