MSRB Requests Input on Strategic Goals and Priorities

Ronald W. Smith
Corporate Secretary
Municipal Securities Rulemaking Board
1300 I Street NW, Suite 1000
Washington, D.C. 20005

Dear Mr. Smith:
The American Bankers Association (ABA) appreciates the opportunity to provide comments to the Municipal Securities Rulemaking Board (MSRB or Board) on its strategic planning exercise released on December 7, 2020. The MSRB is soliciting public comment to MSRB Notice 2020-19 (Notice), which will be used to develop the organization's future strategic goals and priorities. Specifically, the Board is requesting input from stakeholders in order to build a new vision and mission statement that articulates its priorities for supporting a fair and efficient municipal securities market.

Many ABA members provide services as regulated municipal securities dealers, either through separately identifiable departments in commercial banks or through broker-dealer affiliates of commercial banks. Additionally, our members also regularly purchase municipal obligations directly from the obligors and extend loans and provide other credit accommodations to municipalities and conduit borrowers. Our members rely on the MSRB’s EMMA, and CUSIP, as essential elements for the underwriting, purchase, trading and settlement of municipal securities.

Download the comment letter to read the full text.