MSRB Provides Guidance to Investors Considering Municipal Bonds

Jan 20, 2010, 15:31 ET from Municipal Securities Rulemaking Board (MSRB)

Fact Sheet Has Seven Questions Investors Can Ask Their Financial Professional

ALEXANDRIA, Va., Jan. 20 /PRNewswire-USNewswire/ -- The Municipal Securities Rulemaking Board (MSRB) today released a fact sheet intended to provide individual investors with a starting point for a discussion with their financial professional about factors to consider when investing in bonds. Seven Questions to Ask When Investing in Municipal Bonds provides investors with timely and useful information such as:

  • How to access key information and trade data about municipal bonds free of charge
  • How to find out if a bond's price is fair
  • Why an investor's individual tax-status may impact the return on a municipal bond
  • Why investors should ask how their financial professional is compensated
  • What duties an investment professional has toward investors considering municipal bonds

The MSRB is providing this information as part of its mission to protect and educate investors.  Seven Questions to Ask When Investing in Municipal Bonds is available here and in the Education Center of the MSRB's Electronic Municipal Market Access (EMMA) website at

EMMA provides access, free of charge, to disclosure documents associated with municipal bonds, real-time trade data for approximately 1.2 million outstanding municipal bonds, as well as current interest rates for auction rate securities and variable rate demand obligations. EMMA's Education Center provides useful information about investing in municipal bonds and 529 college savings plans, and a Glossary of Municipal Securities Terms.

The Municipal Securities Rulemaking Board (MSRB) was established in 1975 by Congress to protect investors and the public interest by promoting a fair and efficient municipal securities market. To accomplish this mission, the MSRB regulates securities firms and banks that underwrite, trade and sell municipal securities, and collects and disseminates market information. The MSRB operates the Electronic Municipal Market Access (EMMA) website to promote transparency and widespread access to information, provides education and conducts extensive outreach as part of its mission-driven activities. The MSRB is composed of members from the municipal securities dealer community and the public, and is a self-regulatory organization subject to oversight by the Securities and Exchange Commission.

SOURCE Municipal Securities Rulemaking Board (MSRB)