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

MSRB NAMES GENERAL COUNSEL

Alexandria, VA – The Municipal Securities Rulemaking Board (MSRB) announced today that Gary L. Goldsholle will be joining the organization as General Counsel. Mr. Goldsholle will oversee the legal activities of the MSRB, including market regulation, professional qualifications, enforcement support and corporate governance. The General Counsel and MSRB’s Market Regulation staff play a key role in helping the MSRB fulfill its mission to protect investors and state and local governments in the municipal market.

Mr. Goldsholle currently serves as vice president and associate general counsel for the Financial Industry Regulatory Authority (FINRA), where he is responsible for regulatory policy and rule development. Prior to joining FINRA in 1997, Mr. Goldsholle worked in the Office of the Chief Counsel, Division of Trading and Markets at the Commodity Futures Trading Commission. He began his legal career as an associate at Steptoe & Johnson.

“Gary is an outstanding lawyer with substantial knowledge of self-regulatory organizations and financial regulation,” said MSRB Executive Director Lynnette Kelly. “As General Counsel, Gary will ensure that our legal activities and operations are consistent with all our mission-based activities and as we implement rulemaking, market transparency and outreach initiatives to promote a fair and efficient municipal market.” 

Mr. Goldsholle received a bachelor’s degree from Duke University and a law degree from the University of Chicago Law School.  

The Municipal Securities Rulemaking Board (MSRB) was established by Congress in 1975 with the mission to protect investors, issuers and the public interest and to promote efficiency, competition and capital formation. MSRB is a private, self-regulatory organization governed by an independent board of directors with market knowledge and expertise. MSRB does not receive federal appropriations and is funded primarily through fees paid by regulated entities. MSRB is overseen by Congress and the Securities and Exchange Commission.

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