Municipal Securities Rulemaking Board (msrb) Definition

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Definition Of Municipal Securities Rulemaking Board (msrb):

Municipal Securities Rulemaking Board (MSRB) A 15-member self-regulatory board that sets and oversees the standards and practices of the municipal securities industry.
The board is of particular importance since the issuing and trading of municipal securities are not subject to much of the federal regulation affecting other security transactions.

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