MThe Municipal Securities Rulemaking Board (MSRB) is a self-regulatory organization that oversees the municipal securities market. It writes and enforces rules for participants to keep trades fair, transparent, and to protect investors, issuers, and the public interest while promoting efficiency, competition, and capital formation. It operates as a private entity governed by an independent board with market expertise and is mainly funded through fees paid by regulated entities, not federal appropriations, with oversight by Congress and the Securities and Exchange Commission. Its goal is a well-functioning municipal market where information is trustworthy, money can be raised efficiently for public projects, and capital can flow to funded programs.
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Company Size
51-200
Company Stage
N/A
Total Funding
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Headquarters
Washington DC, United States
Founded
1975
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Bo Daniels steps into chair position at MSRB.
The Municipal Securities Rulemaking Board announced Monday the addition of the Tradeweb AAA Municipal Curve to its Electronic Municipal Market Access website, the latest step in the board's years-long effort to centralize more such data on EMMA.
University of Nevada, Reno's Sean Wilkoff becomes MSRB's new visiting scholar.
Public, the investing platform that lets members invest in stocks, ETFs, crypto, Treasury bills, and alternative assets, announces it is rolling out access for members to invest fractionally in corporate and Treasury bonds on desktop and mobile in response to the increasing demand from investors for fixed-income products. Public continues to see tremendous growth in its 6-month Treasury bill offering, which is the most popular asset on the platform this year by AUM. Retail investors will have access to an expansive suite of treasury and corporate bonds, where they can sift through an advanced screener tool with thousands of bonds at different rates and maturities and access advanced financial metrics that allow them to evaluate.Bonds have traditionally been more readily available to institutional investors, but recently, with interest rates rising, they have started to become favored by modern retail investors. Nevertheless, they are still difficult to buy, as evidenced by the approximately one percent of retail investors directly owning corporate bonds. Public’s launch of bonds comes with a new layer of context to help inventors understand the lifecycle of these securities, including relevant financial metrics and reference data associated with a bond to ensure investors make educated decisions through an easy-to-use experience.In the last year, Public has seen increased interest from retail investors in Treasury bills and fixed-income ETFs. Based on a recent survey of retail investors, investors are increasingly focused on diversification and diligence, and many of them have made Treasury bills part of their portfolios.“For the last 15 years, the bond markets have been largely irrelevant for retail investors, but after an unprecedented set of rate hikes, retail demand for fixed income products has exploded, and investors are experiencing friction with existing offerings being archaic and having high minimums,” said Jannick Malling, co-CEO and co-founder of Public
Bonds have traditionally been more readily available to institutional investors, but recently, with interest rates rising, they have started to become favored by modern retail investors. Nevertheless, they are still difficult to buy, as evidenced by the approximately one percent of retail investors directly owning corporate bonds. Public's launch of bonds comes with a new layer of context to help inventors understand the lifecycle of these securities, including relevant financial metrics and reference data associated with a bond to ensure investors make educated decisions through an easy-to-use experience.In the last year, Public has seen increased interest from retail investors in Treasury bills and fixed-income ETFs. Based on a recent survey of retail investors , investors are increasingly focused on diversification and diligence, and many of them have made Treasury bills part of their portfolios."For the last 15 years, the bond markets have been largely irrelevant for retail investors, but after an unprecedented set of rate hikes, retail demand for fixed income products has exploded, and investors are experiencing friction with existing offerings being archaic and having high minimums," said Jannick Malling, co-CEO and co-founder of Public. "Public pioneered fractionalization for equities, and we always wanted to broaden that feature to more asset-classes. After launching treasury bills earlier this year, we're now doubling down by reimagining the entire user experience of how retail finds, evaluates and invests in the full universe of corporate and treasury bonds.""Historically, direct bond access has been limited to institutions and high-networth investors," said Sam Nofzinger, GM of Brokerage at Public
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Industries
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Washington DC, United States
Founded
1975
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs