Investors Can Receive Alerts About Bond Disclosures on the MSRBs EMMA Website

Date: September 9, 2009

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


INVESTORS AND OTHERS CAN SIGN UP TO RECEIVE NOTIFICATION ABOUT BOND
DISCLOSURES ON THE MUNICIPAL SECURITIES RULEMAKING BOARD'S EMMA WEBSITE

Alexandria, VA - The Municipal Securities Rulemaking Board (MSRB) is reminding investors and others that they can sign up to receive e-mail alerts when primary market and continuing disclosure documents for individual municipal securities are posted on the Electronic Municipal Market Access (EMMA) website at emma.msrb.org. EMMA is the official source for municipal market disclosures and trade data, and provides free access to official statements, continuing disclosures and trade data about more than 1.2 million municipal securities.

Each day, scores of disclosure documents from bond issuers are posted on EMMA, including annual and other periodic financial filings, operating data, notices of ratings changes, and other types of material events.  Investors who track particular securities identified by their unique "CUSIP" numbers can receive an e-mail notification from EMMA every time a disclosure document is posted for the security.  Click here for instructions on signing up for e-mail alerts. EMMA, which is a service of the MSRB, is the centralized, electronic repository for all municipal bond disclosure documents and trade data.  EMMA collects and makes available to investors hundreds of thousands of municipal bond offering documents, the prices of millions of municipal trades, as well as interest rates and auction results for auction rate securities, interest rates for variable rate demand obligations, daily market statistics and educational material about municipal bonds.


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 Congressionally-chartered, 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 subject to oversight by the Securities and Exchange Commission.