MSRB Announces Expanded State Outreach

Date: November 4, 2013

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


Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) today announced a national, multi-year campaign to increase its outreach to state and local governments that issue municipal securities. The effort aims to share with municipal entities how the MSRB’s Electronic Municipal Market Access (EMMA®) website is a resource for evaluating municipal finance options, complying with disclosure requirements and communicating with investors.

The MSRB’s “Putting EMMA to Work for You” campaign seeks to raise awareness by small to mid-sized municipal issuers about the importance of communicating with their investors on an ongoing basis. The MSRB will provide practical guidance and tips through a combination of live and internet-based events, including seminars, webinars and live webcast presentations. The effort is an extension of the MSRB’s existing education and outreach program, which includes hosting seminars around the country, presenting at several industry events and providing free online educational resources.

“The MSRB is committed to improving disclosure and transparency in the municipal market,” said MSRB Executive Director Lynnette Kelly. “We are eager to spread the word among municipal issuers about how they can use the EMMA website to their advantage to communicate with investors and comply with their disclosure obligations.”

The MSRB’s EMMA website is an online platform that provides free public access to financial disclosure documents and trade data on more than 1.2 million outstanding municipal bonds. Municipal borrowers file their disclosures and other information on EMMA to make them available to investors.

While the focus of the expanded outreach effort is on state and local government issuers, the MSRB continues to provide education and outreach for all municipal market participants as part of its mission.

State and local governments and related organizations that wish to learn more about the MSRB’s outreach effort or request the MSRB’s appearance at an upcoming event should contact Ritta McLaughlin, MSRB Chief Education Officer, at (703) 797-6714 or

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.