Washington, DC – The Municipal Securities Rulemaking Board (MSRB) today announced the members of its advisory groups. In all, 30 experienced market professionals will share their municipal market and regulatory perspectives while serving on the Compliance Advisory Group (CAG) and Municipal Fund Securities Advisory Group (MFSAG).
For the seventh consecutive year, CAG will inform the MSRB’s compliance initiatives by providing feedback on compliance resources and tools to enhance dealers’ and municipal advisors’ understanding of MSRB rules and areas where compliance clarification and assistance may be warranted. “We are fortunate that such a diverse class of municipal market participants have volunteered their time and expertise to help inform the MSRB’s important work,” said Liz Sweeney, Board member and FY 2024 CAG Chair. “It is especially helpful that issues of particular interest and concern to small firms can be effectively communicated to the MSRB by hearing directly from CAG’s small firm representatives, in addition to the MSRB’s other outreach and engagement channels with smaller regulated entities.”
Reinstated in FY 2024 following a gap year, MFSAG will provide input on industry practices, guidance and investor education related to 529 savings plans and Achieving a Better Life Experience Act of 2014 (ABLE) programs. “For MFSAG, we are pleased to welcome market participants operating within the 529 and ABLE spaces to lend their experience and perspectives on current market practices — such thoughtful discussions will inform the MSRB’s work as it explores regulatory efforts within this market,” said David Belton, Board member and FY 2024 MFSAG Chair.
Date: January 18, 2024
Contact: Bruce Hall, Director, Communications
202-838-1500
[email protected]