Municipal Securities Rulemaking Board

Are you new to the municipal bond market? Consistent with its congressional mandate to protect investors, issuers and the public interest, MSRB has updated the education resources for investors in its Education Center. Visit MSRB’s Education Center to learn about municipal bonds and the municipal market, including buying and selling bonds, working with investment professionals, investment risks and monitoring bond investments. https://lnkd.in/ei5UwMFi

The Municipal Securities Rulemaking Board (MSRB) today announced that at its previously scheduled meeting on March 6, 2025, the Board approved the filing of amendments to MSRB Rule G-14 to make substantive changes to the transaction reporting requirements that the SEC approved last year, but which have not yet become effective. In addition, the Board voted to withdraw its pre-trade concept release that was published in January to ensure stakeholders have adequate time and resources to focus on providing any additional comments or feedback regarding further amendments to Rule G-14. Read the press release: https://lnkd.in/e7Jjn2JP

Consistent with our congressional mandate to protect investors, issuers and the public interest, MSRB has updated the content in its Education Center, a comprehensive resource for understanding the municipal securities market. Visit MSRB’s Education Center to find new content on the municipal market, investing in bonds, issuing bonds, and monitoring and managing bonds, along with information on 529 plans and ABLE programs: https://lnkd.in/ejE6ZyVA

Bo Daniels, MSRB’s Board Chair, has dedicated his career to the municipal securities market, navigating an evolving landscape shaped by new structures, participants, and technologies. Listen to him discuss why he values sharing his expertise with fellow board members who share his passion but approach the market with diverse experiences and viewpoints: https://lnkd.in/ewCGRehZ 

MSRB Board Member Alexander Chilton has spent the past 20 years working in the municipal securities market and sees the availability of data as an imperative for decision making and overall market transparency. Hear what drove him to apply for the Board and why serving to protect and enhance the strong participation of investors in the municipal market was a key driver in that decision.  https://lnkd.in/ewCGRehZ 

Last week, benchmark tax-exempt yields continued the decline that started in mid-January, and 10-year yields closed below 3% for the first time since mid-December. To see current and historical tax-exempt and Treasury yields, visit the yield curve section on EMMA. https://lnkd.in/gqYjtcfD

MSRB was pleased to host its third annual MSRB Board Alumni Luncheon in New York City, bringing together three decades of Board members to connect and engage. We thank everyone who was able to join us and look forward to engaging with all of our former Board members in the year ahead.  

CEO Mark Kim participated in The Bond Buyer's National Outlook conference and discussed the 2025 industry outlook and post-election municipal priorities. Thanks to the Bond Buyer for this opportunity to connect with fellow industry leaders, while providing relevant and timely insights that will shape the market in 2025.  

MSRB is currently seeking a municipal advisor, broker-dealer and two public representatives to join its Board of Directors in FY 2026. Applications are open through Feb. 14. Learn more and apply:  https://lnkd.in/eJuNfMP8   

Yields for 10-year tax-exempt bonds saw a significant rally in the second half of January after rising during the first half of the month. While they ended January slightly lower than at the end of December, they remained above 3%. To see current and historical tax-exempt and Treasury yields, visit the Yield Curve Section on EMMA. https://lnkd.in/gqYjtcfD