Series 53: MSRB Rulemaking

Taken from our Series 53 Online Guide

MSRB Rulemaking

As we have seen, the Municipal Securities Rulemaking Board was created by the Securities Acts Amendments of 1975. The MSRB is a self-regulatory organization that is subject to oversight by the SEC. It was established to promote a fair and efficient municipal securities market. The MSRB is governed by a twenty-one member board composed of members from the public and regulated entities, such as dealers and

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