Back to top

Financial Policies

Funding Policy
The MSRB's funding policy provides guidance and continuity in funding decisions and helps align strategic, operational and financial planning.

Fine-Sharing Policy
The MSRB's fine-sharing policy sets parameters for the use of fine revenue collected by the Securities and Exchange Commission and the Financial Industry Regulatory Authority for violations of MSRB rules.

Investment Policy
The MSRB's investment policy establishes guidelines for the investment of MSRB funds.