The BDA submitted a comment letter to the MSRB regarding their proposal to lengthen the term of service for Board members.
BDA’s letter generally supports the MSRB’s proposal but also asks the MSRB to consider implementing a training program during year one of service with the expectation that board members will be municipal market experts by year four thereby maximizing the benefits of the proposed fourth year of service.
You can find our final letter here.
11-19-2015