MSRB Board Member John E. Petersen Dies

Date: April 5, 2012

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


Alexandria, VA – The Board of Directors of the Municipal Securities Rulemaking Board (MSRB) expressed its sorrow today over the loss of one of its members, John E. Petersen, 71, who suffered a heart attack on April 4, 2012. Dr. Petersen was currently serving as a public member on the MSRB Board of Directors.

“John made many significant contributions to the public finance industry throughout his career,” said MSRB Chair Alan D. Polsky. “We were honored to have him as a member of our Board of Directors.”

Dr. Petersen was a professor of public policy and finance at George Mason University. Prior to teaching at George Mason University, Dr. Petersen was president of the Government Finance Group and senior director of the Government Finance Research Center, a division of the Government Finance Officers Association. He also did extensive international work, including research and advisory work in Asia and Eastern Europe as a consultant with the World Bank, the Asian Development Bank, USAID and the International Finance Corporation.

Dr. Petersen is survived by his wife, Mary, children and grandchildren.

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.