MSRB and CDIAC to Co-Host Education and Outreach Seminar in San Francisco

Date: May 15, 2012

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


Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) and the California Debt and Investment Advisory Commission (CDIAC) will co-host an education and outreach seminar for municipal market professionals on July 24, 2012 in San Francisco, California. This seminar will provide market participants and, in particular, public agencies, with information about how regulation of the municipal securities market is changing and the MSRB’s long-range plan for greater market disclosure and transparency. The keynote luncheon speakers will be MSRB Chair Alan D. Polsky and California State Treasurer Bill Lockyer.

“We are pleased to be partnering with the state of California to educate public agencies and other municipal market participants about important changes in the market,” Polsky said.

Lockyer said, “The MSRB has been a leader in improving transparency in the municipal market. This seminar will allow CDIAC and the MSRB to share their expertise to benefit public agencies.”

The San Francisco seminar will be held Tuesday, July 24, 2012 from 9:30 a.m. – 3:00 p.m. at the Palace Hotel, 2 New Montgomery Street, San Francisco, CA 94105. Representatives from the MSRB and California public finance professionals will discuss regulatory changes affecting municipal securities issuers, the duties of municipal advisors and dealers in the municipal market and the current and future capabilities of the MSRB’s Electronic Municipal Market Access (EMMA®) website.

The seminar will conclude with a roundtable discussion during which the panelists will solicit input from public agencies and market participants on how municipal market information obtained through initial and continuing disclosure filings is used to improve rulemaking, pricing and open markets. View the agenda.

The seminar is open to all members of the municipal securities community; however, capacity is limited. There is no cost to attend; however, pre-registration is required. Click here to register. The deadline to register is July 13, 2012.

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.