Municipal Securities Rulemaking Board - MSRB

AAA

DEFINITION of 'Municipal Securities Rulemaking Board - MSRB'

A regulating body that creates rules and policies for investment firms and banks in the issuing and sale of municipal bonds, notes and other municipal securities by states, cities and counties. Activities regulated by the MSRB include the underwriting, trading and selling of municipal securities financing public projects.

INVESTOPEDIA EXPLAINS 'Municipal Securities Rulemaking Board - MSRB'

The MSRB was established by the United States Congress in 1975. Like the New York Stock Exchange or the National Association of Securities Dealers, the MSRB is a self-regulatory organization that is subject to supervision by the Securities and Exchange Commission (SEC).

RELATED TERMS
  1. SEC Form 19b-4

    A form that is used to inform the SEC of a proposed rule change ...
  2. SEC Form 19b-4(e)

    A form that is required to be filed by self-regulatory organizations ...
  3. Bond

    A debt investment in which an investor loans money to an entity ...
  4. National Association Of Securities ...

    The NASD was a self-regulatory organization of the securities ...
  5. Municipal Bond Fund

    A mutual fund that invests in municipal bonds, or "munis." Municipal ...
  6. Municipal Bond

    A debt security issued by a state, municipality or county to ...
Related Articles
  1. The Basics Of Municipal Bonds
    Bonds & Fixed Income

    The Basics Of Municipal Bonds

  2. On The Record: Communications With The ...
    Professionals

    On The Record: Communications With The ...

  3. Weighing The Tax Benefits Of Municipal ...
    Taxes

    Weighing The Tax Benefits Of Municipal ...

  4. Bond Basics Tutorial
    Retirement

    Bond Basics Tutorial

Hot Definitions
  1. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  2. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  3. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  4. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
Trading Center