MSRB Launches Online Investor Toolkit

Date: May 30, 2012

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

New Resource Helps Individual Investors Navigate the Municipal Market 

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) today launched an online “toolkit” to equip investors with basic information about navigating the municipal market. 

Individual investors own about two-thirds of the nearly $3.7 trillion in outstanding municipal securities, either directly or through mutual funds. A central focus of the MSRB’s mission is protecting these individual investors and ensuring that they have the information they need to understand the features of municipal bonds and make appropriate decisions. 

The MSRB’s investor toolkit on includes an investor guide with sections outlining questions to ask when investing in municipal bonds, how to evaluate a municipal bond’s risk and what to expect from financial professionals, among other resources. Investors can have the best outcomes in terms of decision-making by preparing for a conversation with a financial professional. 

“The MSRB is committed to providing investors with free, objective and independent information about how the municipal market works,” said MSRB Chair Alan Polsky. “Our goal with this new toolkit is to help existing and prospective municipal bond investors gain confidence in their ability to evaluate, purchase and monitor municipal bond investments.” 

The toolkit also includes an introductory video and fact sheets about the disclosures and services available through the MSRB’s  Electronic Municipal Market Access (EMMA®) website. For example, EMMA users can subscribe to free email alerts when new disclosure documents are posted or trades are reported for individual municipal securities. 

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.