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MSRB Glossary of Terms

Welcome to the MSRB

Welcome to the Municipal Securities Rulemaking Board's (MSRB) web site. The MSRB makes rules regulating dealers who deal in municipal bonds, municipal notes, and other municipal securities. This web site contains useful information for municipal securities investors, dealers and the general public.

The MSRB often posts changes, amendments, and additions to rules as well as notices about our services in the What's New section.

	MSRB's Real-Time Transaction Reporting System
	RTRS information for dealers and other industry participants
	Access MSRB’s real-time municipal bond prices at the Electronic Municipal Market Access web site at www.emma.msrb.org

What's New

SEC Approves Proposal to Increase Transparency of Auction Rate Securities and Variable Rate Demand Obligations
MSRB Notice 2009-04
January 9, 2009

MSRB Issues Statement
on Regulation of the Municipal Market
MSRB Press Release
January 9, 2009

Recommendations Requested for Board Nominations
MSRB Notice 2009-03
January 7, 2009