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



MUNICIPAL SECURITIES RULEMAKING BOARD ENHANCES BOND
  DISCLOSURE ALERTS ON ITS EMMA WEBSITE

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) today announced an enhancement to the alert feature on its Electronic Municipal Market Access (EMMA) website that allows investors to easily sign up for an unlimited number of alerts on the availability of disclosures made for municipal securities.

Beginning today, EMMA users can set up a customized alerts dashboard and begin receiving e-mail alerts about newly available bond disclosure documents produced by municipal bond issuers throughout the life of a bond.  The MSRB collects and makes available on EMMA each day hundreds of these important documents, such as annual financial statements and changes in ratings.  The enhanced alert feature allows users to enter a list of securities for receiving alerts and provides a single interface for managing this list. This replaces the earlier process that required users to manage alerts by going to individual pages on EMMA.

With the alerts feature, investors and others who track particular securities -- identified by their unique “CUSIP” numbers -- receive an e-mail notification from EMMA every time a new disclosure document is posted for that security.  The “Alerts” link in the upper-right corner of every page on EMMA provides the ability to set up a personalized dashboard. Read more about e-mail alerts on EMMA.

EMMA houses hundreds of thousands of municipal bond offering documents, the prices of millions of municipal trades, as well as interest rates and auction results for auction rate securities, interest rates for variable rate demand obligations, daily market statistics and educational material about municipal bonds.

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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