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Video Transcript: A Message from MSRB CEO Mark Kim

Video Transcript: A Message from MSRB CEO Mark Kim

Hello! My name is Mark Kim, and it is my honor and privilege to serve as CEO of the MSRB, the principal regulator of the $4 trillion municipal securities market.

In my first few weeks and months as the MSRB’s new CEO, I have had the pleasure of connecting with many of you – our core stakeholders. I am grateful for the appreciation you expressed for our proactive industry outreach and for our mutual interest in promoting a fair and efficient market. I want to thank you for your optimism and for your support of the MSRB.

My commitment to you as a stakeholder is to foster greater transparency and inclusivity at the MSRB so that you have greater opportunities to share your expertise and insight with us to inform the work that we do.

My focus as CEO will be to advance the core mission of the MSRB by modernizing our rules and technology and by leveraging data analytics to deliver greater value to the industry that we serve. Let me briefly touch on each of these three core areas.

  • First, our rules – we will be modernizing our rulebook by updating our interpretive guidance to ensure that it remains relevant and reflects current market practices.
    • Our goal is to protect investors and issuers by helping regulated entities better understand and comply with our rules.
  • Second, our technology – we will be modernizing our technology systems by investing in cloud computing.
    • Our goal is to improve the user experience and deepen stakeholder engagement because our technology systems are the primary way that you interact with the MSRB.
  • And third, our data – we will be delivering greater value to the industry by improving the quality of our data.
    • Our goal is to leverage data analytics to identify market trends and emerging risks and, ultimately, to empower investors and other market participants to make better investment decisions and to identify new business opportunities.

With your support, I am confident that we can achieve our shared goal of a more fair and efficient market. I am truly excited about the work ahead and I look forward to partnering with you to create a stronger municipal securities market. Thank you!