MSRB Elects New Public Board Member

ALEXANDRIA, Va.--(BUSINESS WIRE)--The Municipal Securities Rulemaking Board (MSRB) today announced that Marcy Edwards has joined the MSRB Board of Directors for a three-year term. Ms. Edwards is Senior Financial Policy Advisor to the District of Columbia’s Chief Financial Officer and has spent her career in municipal finance and government budget capacities.

“We are grateful that she is joining the Board and look forward to her many contributions.”

“Marcy’s experience as an advisor to state and local governments, an issuer of bonds and in municipal credit ratings makes her ideally suited to advance the MSRB’s mission to protect investors and state and local governments,” said MSRB Chair Jay M. Goldstone. “We are grateful that she is joining the Board and look forward to her many contributions.”

The MSRB Board of Directors is composed of members representing both the public and regulated entities, including broker-dealers, bank dealers and municipal advisors. Ms. Edwards joins the MSRB as one of 11 independent, public members represented on the MSRB’s 21-member board.

Ms. Edwards has spent many years of her career in public finance. Prior to joining the government of the District of Columbia, Ms. Edwards was executive vice president and a partner of the financial advisory firm Public Resources Advisory Group, where she advised a broad range of state and local governments, their agencies and authorities on credit issues and assisted in the structuring of a variety of public finance offerings. She also was a vice president and manager in the municipal department of Moody’s Investors Service and held positions with the United States Senate Budget Committee, the U.S. Office of Management and Budget and the U.S. Department of Energy.

Ms. Edwards is a member of the National Federation of Municipal Analysts, the Municipal Forum of New York and the Municipal Analysts Group of New York. She received a bachelor’s degree from Rollins College and a master’s degree in public administration from the University of Southern California.

The Municipal Securities Rulemaking Board (MSRB) protects investors, issuers of municipal securities and entities whose credit stands behind municipal securities, and public pension plans by promoting a fair and efficient municipal market. The MSRB fulfills this mission by regulating securities firms, banks and municipal advisors that engage in municipal securities and advisory activities. To further protect market participants, the MSRB promotes disclosure and market transparency through its Electronic Municipal Market Access (EMMA) website, provides education and conducts extensive outreach. The MSRB has operated under Congressional mandate with oversight by the Securities and Exchange Commission since 1975.