MSRB Announces Upcoming Webinar on New EMMA Trade Monitor

Date: September 11, 2012

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


Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) announced today that it will host an educational webinar on September 18, 2012 about the EMMA® Trade Monitor, a new tool that allows state and local governments to better evaluate trading activity and prices paid for bonds they issue.

The EMMA® Trade Monitor, available through the MSRB’s Electronic Municipal Market Access (EMMA®) website, enables state and local governments to export trade data from EMMA to a desktop application for analysis of secondary market trading. State and local governments can use the downloaded data to analyze the prices, yield and amount of secondary market trade activity of municipal bonds in support of, among other things, evaluating pricing for their new issues.

The webinar will take place on Tuesday, September 18, 2012 at 11:00 a.m. ET and will include a presentation followed by a question-and-answer session. The webinar will discuss the features of the EMMA Trade Monitor and how to use it, as well as the benefits of setting up organization accounts with the MSRB, which are required for using the EMMA Trade Monitor. Register for the webinar.

The EMMA Trade Monitor is a no-cost resource for state and local governments offered as part of the MSRB’s online State and Local Government Toolkit, which provides educational and now analytical materials to improve state and local governments' understanding of the municipal market. The State and Local Government Toolkit includes videos, fact sheets and guides about the process of issuing municipal bonds and using the EMMA website.

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.