Rita Sallis Joins MSRB Board of Directors

Date: July 5, 2018

Contact: Jennifer A. Galloway, Chief Communications Officer


Washington, DC - The Municipal Securities Rulemaking Board (MSRB) announced today that Rita Sallis has joined the Board of Directors for the remainder of the fiscal year ending September 30, 2018. The MSRB also announced that Ronald Dieckman, a public representative on the Board, will serve an extended term through September 30, 2020. The 21-member Board of Directors sets the strategic direction of the MSRB, makes policy decisions, authorizes rulemaking and market transparency initiatives, and oversees MSRB operations.

Sallis serves as a senior advisor to Blueprint Capital Advisors, where she supports the firm’s executive leadership in the areas of investment and business development and provides guidance in governance-related matters. Previously, she served as a principal at the Yucaipa Companies, where she was responsible for marketing, client servicing, investor relationship maintenance and deal sourcing. Prior to that role, she was Deputy Comptroller and Chief Investment Officer for the City of New York, and Deputy Comptroller for Public Finance for the City of New York. Sallis has a master’s degree in public health from the University of Pittsburgh and a bachelor’s degree from Central State University.

“Rita has previously served on our Board and brings a diversity of experience from her wide-ranging career in the municipal securities market,” said MSRB Board Chair Lucy Hooper. “We are delighted to have her rejoin the Board in a temporary capacity.”

The changes in MSRB Board membership fill the vacancy created by the resignation of J. Anthony Beard, a public representative on the Board.

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.