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

MSRB BOARD MEMBER JOHN E PETERSEN DIES

Alexandria, VA – The Board of Directors of the Municipal Securities Rulemaking Board (MSRB) expressed its sorrow today over the loss of one of its members, John E. Petersen, 71, who suffered a heart attack on April 4, 2012. Dr. Petersen was currently serving as a public member on the MSRB Board of Directors.

“John made many significant contributions to the public finance industry throughout his career,” said MSRB Chair Alan D. Polsky. “We were honored to have him as a member of our Board of Directors.”

Dr. Petersen was a professor of public policy and finance at George Mason University. Prior to teaching at George Mason University, Dr. Petersen was president of the Government Finance Group and senior director of the Government Finance Research Center, a division of the Government Finance Officers Association. He also did extensive international work, including research and advisory work in Asia and Eastern Europe as a consultant with the World Bank, the Asian Development Bank, USAID and the International Finance Corporation.

Dr. Petersen is survived by his wife, Mary, children and grandchildren.

The Municipal Securities Rulemaking Board (MSRB) protects and strengthens the municipal bond market, enabling access to capital, economic growth, and societal progress in tens of thousands of communities across the country. The MSRB fulfills this mission by creating trust in our market through informed regulation of dealers and municipal advisors that protects investors, issuers and the public interest; building technology systems that power our market and provide transparency for issuers, institutions, and the investing public; and serving as the steward of market data that empowers better decisions and fuels innovation for the future. The MSRB is a self-regulatory organization governed by a board of directors that has a majority of public members, in addition to representatives of regulated entities. The MSRB is overseen by the Securities and Exchange Commission and Congress.

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