MSRB Executive Director Lynnette Hotchkiss Discusses Finance Reform
Aug 6, 2010
On Friday, July 30, 2010, Municipal Securities Rulemaking Board (MSRB) Executive Director Lynnette Hotchkiss appeared on Reuters Insider to discuss the impact that the Dodd-Frank Wall Street Reform and Consumer Protection Act (Act) will have on the MSRB. Hotchkiss discussed the expanded role of the MSRB under the Act, which includes broadening the mission of the MSRB to include the protection of state and local governments and other municipal entities, in addition to investors and the public interest. The Act also provides the MSRB with mandates to seek enhanced issuer disclosure practices, and allows for a greater percentage of the Board to be drawn from outside the underwriting community.
The full interview with Executive Director Hotchkiss may be found here.