MSRB Makes Moody's Public Finance Ratings Available on EMMA Today

Date: June 1, 2015

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


Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) announced today that its Electronic Municipal Market Access (EMMA®) website now includes public finance ratings from Moody's Investors Service, Inc., giving investors and the public free access to ratings from all major agencies together with other key information about municipal bonds.  

“With the addition of Moody’s, our EMMA website truly becomes a one-stop shop for available information about municipal securities,” said MSRB Executive Director Lynnette Kelly. “Making Moody’s ratings available along with the wealth of other data on EMMA furthers the MSRB’s mission to protect investors and help them make informed decisions.” 

Today, credit ratings from Moody’s Investor Service, Kroll Bond Rating Agency, Fitch Ratings and Standard & Poor’s all appear for free on EMMA along with the trading and disclosure information for each municipal security, and are also integrated into EMMA’s advanced search function and price discovery tool. Read more about the ratings information available on EMMA. The MSRB first invited all public finance ratings agencies registered with the Securities and Exchange Commission as Nationally Recognized Statistical Rating Organizations (NRSROs) to make their ratings available on EMMA in 2010. 

The EMMA website is the official repository for information on virtually all municipal securities. EMMA provides free public access to official disclosures, trade data, credit ratings, educational materials and other information about the municipal securities market.  

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.