Municipal Securities Rulemaking Board (MSRB) Market Research Report
Company Overview
- Name: Municipal Securities Rulemaking Board (MSRB)
- Mission: The MSRB aims to protect and strengthen the municipal bond market, enabling access to capital, economic growth, and societal progress in communities across the United States. It emphasizes promoting a fair and efficient market through informed regulation and technology-driven transparency.
- Founded: No information is available.
- Key People:
- Mark T. Kim - Chief Executive Officer
- Warren "Bo" Daniels - Chair of the Board of Directors and Chair of the Steering Committee. Managing Director and Head of Public Finance at Loop Capital Markets.
- Jennie Huang Bennett - Vice Chair of the Board of Directors, Chair of the Governance Committee, and serves on the Steering Committee. Associate Vice President for Finance, University of Chicago.
- Headquarters: 1300 I Street NW, Suite 1000, Washington, DC 20005
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: Serving as the principal regulator of the municipal securities market for over 45 years, MSRB develops rules regulating brokerage firms and banks involved in underwriting, trading, and selling municipal securities, contributes to market transparency, and provides education and data services through the Electronic Municipal Market Access (EMMA) system.
Products
- EMMA (Electronic Municipal Market Access):
- Description: Serves as the official source for all municipal securities data and documents. It provides free public access to official statements, trade data, credit ratings, and financial disclosures on municipal bonds.
- Key Features:
- Comprehensive database of municipal securities market information.
- User interface enhancements tailored to improve stakeholder experience, including a powerful search engine and customizable dashboards.
Recent Developments
- New Board Members for FY 2025: MSRB announced new Board members Ahmed A. Abonamah, Daniel L. Wiles, and Heather E. Grzanka to join the Board from October 1, 2024.
- Trade Reporting Timeframe Shortening: Approved by the SEC, MSRB will implement a rule change to G-14 that shortens the trade reporting timeframe to one minute, with specific exceptions and a phased approach for manual trades.
- Technology and Transparency Initiatives: MSRB continues to modernize the EMMA website to enhance the user experience and transparency for market participants. Also, a live demo of a beta version of EMMA was conducted for stakeholders.
- Engagement in Financial Transparency: MSRB is requesting input on its fee-setting framework as part of its efforts to ensure financial transparency and responsible fiscal management.
- Leadership Updates: Tangie Davis was promoted to Chief of Staff, reporting directly to CEO Mark Kim.
New Partnerships and Collaborations
- No specific information on new partnerships is directly noted in the current dataset provided.
(Note: This report has been compiled using the data provided and any missing fields are denoted as "No information is available". Continued updates from the MSRB's resources and announcements are implied for ongoing accuracy and completeness.)
