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Responsibly Managing Reserves and Revenues

Responsibly Managing Reserves and Revenues

The MSRB remains highly attuned to concerns of regulated entities about organizational financial reserve levels. In response, the Board and management has developed a long-term strategy to responsibly reduce reserves that includes a deficit budget in fiscal year 2019, with no increases in spending and a reduction in headcount. Strict management of operational expenses will be accompanied by temporary relief for regulated entities through a three-month reduction in the assessment rate for underwriting, transaction and technology fees for activity from October-December 2018. The MSRB will continue to evaluate its data subscription pricing model as we explore diversifying funding sources and promote the organization’s financial sustainability.  

Resources

     
MSRB Budget Summary