MSRB

Interactive Brokers said it "promptly addressed the issue that gave rise to the settlement."

The board also said it plans to return more than $23 million in surplus operating reserves to the municipal bond industry.

"I think, overwhelmingly, all of our market participants are wanting the same thing and that's really a thriving municipal market," Holiday said.

Serving on MSRB's Board of Directors over the past four years has been a privilege and an honor.

"We're always happy to have these conversations," Sanchez said during a virtual conference co-hosted by XBRL US and the University of Denver.

Vivian Altman, Nancy Feldman, Daniel Hartman and JoLinda L. Herring slated to serve four-year terms starting Oct. 1.

While the cost of small trades is higher than institutional trades across all fixed-income markets, the gap is more pronounced in the municipal bond market.

The meeting will be held on July 23 and 24.

SROs "are now being guided by individuals who lack a deep real-world understanding of the markets they oversee," the trade association said in a letter to the House Financial Services Committee.

Some market participants said they were sad to see EMMA Labs go.