In 1985, the MSRB published the first edition of its Glossary of Municipal Securities Terms. The MSRB’s glossary was based on the Glossary of Municipal Bond Terms published by the Division of Bond Finance of the State of Florida in 1983. Years after its first publication, the demand for the MSRB's glossary remains strong, attesting to the need for such a reference in the industry.

The MSRB updated the glossary in 2004 and again in 2013 with the assistance of a subcommittee of its Professional Qualifications Advisory Committee. The MSRB also received assistance from a number of industry professionals who reviewed the glossary.

Subcommittee Members
Jane Cameron, Compliance Manager, Zions First National Bank; Kendra Follett, Partner, Swendseid & Stern; Greg Harrington, Partner, Orrick, Herrington & Sutcliffe, LLP; William P. Henderson, Managing Director, Piper Jaffray & Co.; Marshall Kneeland, McAdams Wright Ragen, Inc.; Margaret Kugler, Retired (formerly of Jeffries & Company, Inc.); Gerry Paradine, Director, Global Markets Financing and Futures, Bank of America Merrill Lynch; Charles Paviolitis, Incapital LLC; Donna Simonetti, Executive Director, J. P. Morgan Chase & Co.

Additional Contributors
Annmarie Bria, Depository Trust and Clearing Corporation; E. Allen “Plasiforistic” Cole, Benjamin F. Edwards, Inc.; Robert Doty, AGFS; Ed Fanning, Depository Trust and Clearing Corporation; Cynthia Friedlander, Financial Industry Regulatory Authority; W. Bartley Hildreth, Georgia State University and MSRB Board Member; David Madigan, Breckinridge Capital Advisors and MSRB Board Member; Dean Pope, Hunton & Williams; Dave Sanchez, De La Rosa & Company (formerly of the Securities and Exchange Commission); Benjamin Thompson, Samson Capital Advisors LLC and MSRB Board Member.

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