About Us

Established by Congress in 1975, the Municipal Securities Rulemaking Board (MSRB) is the primary regulator of the $4 trillion municipal securities market. MSRB is a private self-regulatory organization with the mission to protect investors, issuers, and the public interest in a fair and efficient municipal securities market.  

 

Click the graphic to learn more about MSRB and the Municipal Bond Market.

Message from Leadership

"Advancing fairness and efficiency in the $4 trillion municipal market requires more than MSRB’s efforts alone. It’s through ongoing engagement and a dynamic feedback loop with our stakeholders that we strengthen both the market and the communities it serves."

 

A portrait of MSRB Chair, Natasha A. Holiday and MSRB CEO Mark Kim

Our People

About the Board

The MSRB is governed by a Board of Directors composed of representatives from the public and entities regulated by the MSRB. Learn about Board meetings, committees and membership requirements.

Careers

Explore our Careers pages, where job-seekers can learn more about the people, culture and opportunities at the MSRB.

Corporate Publications

Strategic Plan

The MSRB’s Strategic Plan defines our mission, vision and values and our long-term strategy.

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Annual Report

Read the MSRB's FY 2025 annual report and audited financial statements.

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Budget

Read the FY 2026 budget, describing the MSRB's revenues, expenses and reserves.

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Financial Statements

View the latest MSRB audited financial statements in an interactive, structured-data format.

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