WASHINGTON — The Municipal Securities Rulemaking Board announced Monday that it is looking for applicants to fill seven positions on its 21-member board for three-year terms beginning in October.
Of the seven, four must represent the public and the other three must be representatives of broker-dealers, banks or municipal advisors, all of which are regulated.
“The MSRB board of directors plays a fundamental role in ensuring that the MSRB fulfills its critical mission to protect the interests of investors and municipal entities in the municipal securities market,” said board chairman Alan Polsky, a senior vice president at Dougherty & Co. in Minneapolis.
“Our selection process seeks to identify the most qualified and knowledgeable individuals capable of overseeing the MSRB and its activities. We encourage all qualified individuals to apply.”
Applications instructions are on the board’s website at
The board said that it will announce the new board before Sept. 30, 2012, the day before they will join the MSRB.
Leaving the board in September are: Milroy Alexander, former chief executive officer of the Colorado Housing and Finance Authority; Michael Bartolotta, former MSRB chair and vice chairman of First Southwest Co. in Dallas; Adela Cepeda, president of A. C. Advisory Inc. in Chicago; Mark Muller, senior vice president and municipal portfolio manager at Loews Corp. in New York; John Petersen, professor of public policy and finance at George Mason University in Arlington; C. Christopher Trower, owner of electriclaw.com in Atlanta, and Kevin Willens, a managing director at Goldman Sachs & Co. in New York.
