MSRB

A letter co-sgned by Bond Dealers of America and the Securities Industry and Financial Markets Association urges the Municipal Securities Rulemaking Board to institute its 2024 rate card, for fear that reverting back to 2023 levels would be disruptive for dealers.

SEC Muni Office Chief Dave Sanchez gave issuer officials some updates on implementation of the transparency law.

The rulemaking board is prepping for a machine-readable future.

Smaller issuers will find it easier to tell their stories to investors who are looking to customize their portfolios.

The MSRB board member has joined the Institute's public finance team.

The second board meeting of FY 2024 will also see the board mull whether it should modernize its dealer supervision rule.

The Municipal Securities Rulemaking Board's 2023 audited financial statement shows the board collected an additional $19 million in revenue as compared with the 2022.

The filing cuts the current 15 minutes standard reporting window down to one minute in what the MSRB describes as an effort to improve transparency.

Insurance companies and banks have collectively reduced their municipal bond holdings by $102 billion, or 10% in just nine months in 2023.

The Municipal Securities Rulemaking Board is coming under fire from broker-dealer and municipal advisor groups for what those groups see as an opaque process.