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

MSRB HIRES MUNICIPAL BOND LAWYER

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) today announced that Karen Du Brul has joined the organization’s legal department as Associate General Counsel. Ms. Du Brul will report to the MSRB’s Deputy General Counsel, Peg Henry.

Ms. Du Brul has over 25 years of experience working in the municipal bond industry. She joins the MSRB from Blank Rome LLP in Philadelphia where she was a partner in the firm’s financial services department. Prior to Blank Rome LLP, Ms. Du Brul was second vice president in the legal department at Smith Barney, Harris Upham & Co. (now Citi). Before that, she was head course assistant at the Harvard Business School.

“In addition to Karen’s extensive legal experience in the municipal securities market, she brings significant financial expertise regarding the use of derivatives in this marketplace,” said MSRB Deputy General Counsel, Peg Henry. “Karen’s unique perspective will benefit our rulemaking activities.”

Ms. Du Brul received a bachelor’s degree from Connecticut College and a law degree from Suffolk University.

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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