MSRB and BDA to Co-Host Municipal Securities Compliance Seminar in Minneapolis

Date: March 15, 2011

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

MSRB AND BDA TO CO-HOST MUNICIPAL SECURITIES
COMPLIANCE SEMINAR IN MINNEAPOLIS

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) and the Bond Dealers of America (BDA) announced today they will hold a municipal securities regulation seminar for municipal market participants on Thursday, May 12, 2011 from 2:00 p.m. to 5:00 p.m. at the Grand Hotel, 615 Second Avenue South, Minneapolis, MN 55402.

Panel discussions will address MSRB rulemaking initiatives over the past year, including the MSRB’s implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Senior staff from the Financial Industry Regulatory Authority and the Internal Revenue Service will discuss current compliance and enforcement issues.

“Historic municipal market changes have taken place over the past year following the enactment of Dodd-Frank,” said MSRB Executive Director Lynnette Kelly Hotchkiss. “The MSRB is pleased to work with the BDA to keep market participants updated about the current regulatory environment.”

The seminar is open to all members of the municipal securities community, including dealers, municipal advisors, issuers and bond counsel. There is no charge for attending; however, pre-registration is required. To register for the conference, click here.

"The BDA is always happy to work with the MSRB to advance the information flow that is so critical to all aspects of the municipal securities market.” said Mike Nicholas, CEO of the Bond Dealers of America. “This event has been a tremendous success in the past and we expect May 12 in Minneapolis to be very well attended and tangibly beneficial to all."


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.