IDEAS home Printed from https://ideas.repec.org/a/ucp/munifj/doi10.1086-mfj37010001.html
   My bibliography  Save this article

The Past and Future of Municipal Securities: Fortieth Anniversary of the Municipal Securities Rulemaking Board

Author

Listed:
  • W. Bartley Hildreth
  • Christopher “Kit” Taylor
  • Lynnette Kelly
  • Robert Doty
  • Rick A. Fleming

Abstract

This article reviews the Municipal Securities Rulemaking Board 40 years after it was created in 1975 to protect investors by promoting a fair and efficient municipal securities market. The MSRB fulfills its mission by regulating the municipal securities firms, banks, and municipal advisors, and by protecting issuers, the state and local governments and other municipal entities. Part of that protection is by the disclosure of trades through the EMMA system, the official repository for information on all municipal bonds. This discussion includes two of the three executive directors of the MSRB, a longstanding observer-participant in the market who has had various roles in the market, and the investor advocate for the Securities and Exchange Commission.

Suggested Citation

  • W. Bartley Hildreth & Christopher “Kit” Taylor & Lynnette Kelly & Robert Doty & Rick A. Fleming, 2016. "The Past and Future of Municipal Securities: Fortieth Anniversary of the Municipal Securities Rulemaking Board," Municipal Finance Journal, University of Chicago Press, vol. 37(1), pages 1-23.
    • Handle: RePEc:ucp:munifj:doi:10.1086/mfj37010001
    DOI: 10.1086/MFJ37010001
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1086/MFJ37010001
    Download Restriction: Access to the online full text or PDF requires a subscription.
    File URL: http://dx.doi.org/10.1086/MFJ37010001
    Download Restriction: Access to the online full text or PDF requires a subscription.
    File URL: https://libkey.io/10.1086/MFJ37010001?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ucp:munifj:doi:10.1086/mfj37010001. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Journals Division (email available below). General contact details of provider: https://www.journals.uchicago.edu/MFJ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.