MSRB NOTICE 2003-25 (JUNE 30, 2003)

ELECTRONIC G-37 SUBMISSION SYSTEM (EG-37 SYSTEM) BECOMES OPERATIONAL

The Municipal Securities Rulemaking Board (“MSRB”) announces that its Electronic G-37 Submission System, or eG-37 System, became operational today.  The eG-37 System permits brokers, dealers and municipal securities dealers (“dealers”) to make submissions of Form G-37/G-38 and Form G-37x through the MSRB’s website.  The MSRB also has revised its Instructions for Form G-37/G-38 and Form G-37x to incorporate procedures for electronic submissions under the eG-37 System and to reflect recent amendments to Rules G-37 and G-38.

The eG-37 System, the Instructions for Form G-37/G-38 and Form G-37x, and other materials relating to electronic and paper submissions under Rules G-37 and G-38 have been consolidated into a Political Contributions Information area of the MSRB’s website.  The eG-37 System also may be accessed by registered users through the MSRB’s home page at www.msrb.org by clicking on the “Log-in” link.

Prior to initial use of the eG-37 System, dealers must register with the MSRB.  The registration form is available at the Political Contributions Information section of the website.  Dealers are not required to use the eG-37 System and may continue to make submissions to the MSRB in paper form.

June 30, 2003