MSRB and BDA to Co-Host Municipal Securities Regulation Seminar in Denver

Date: July 30, 2011

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


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, October 6, 2011 from 8:30 a.m. to 11:30 a.m. at the Four Seasons Hotel, 1111 14th Street, Denver, Colorado 80202. View the agenda.

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

“The MSRB is excited to work with BDA to educate municipal market participants on the changes that have taken place in the municipal market since Dodd-Frank’s enactment,” said MSRB Executive Director Lynnette Kelly Hotchkiss.

The seminar, which kicks off BDA’s Annual Conference, is open to all members of the municipal securities community, including dealers, municipal advisors, issuers and bond counsel. There is no charge to attend; however, pre-registration is required. Register for the seminar.

“The BDA is looking forward to again partnering with the MSRB to host this seminar for the municipal bond community,” said Mike Nicholas, CEO of the Bond Dealers of America. “This event will provide an invaluable opportunity for market participants to learn more about regulatory and compliance issues currently facing the municipal bond market, while also providing a chance to network among industry colleagues.”

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.