Municipal Securities Rulemaking Board

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521042433 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is Municipal Securities Rulemaking Board?

The Municipal Securities Rulemaking Board is a nonprofit organization dedicated to safeguarding investors, state and local governments, and other municipal entities, as well as the public interest. They fulfill this mission by advocating for a fair and efficient municipal securities market. The MSRB regulates firms involved in municipal securities and advisory activities and champions market transparency. In essence, they ensure a level playing field for investors and promote trustworthiness within the municipal securities sector.


Official website here: www.msrb.org

Is Municipal Securities Rulemaking Board legitimate?

Municipal Securities Rulemaking Board is a legitimate nonprofit organization registered as a 501(c)(6) entity. Municipal Securities Rulemaking Board submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $6,138,281
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,893,412

For more financial information, click here


Official website here: www.msrb.org

What is the mission statement of Municipal Securities Rulemaking Board?

The Municipal Securities Rulemaking Board (MSRB) is dedicated to ensuring a fair and efficient municipal securities market. They prioritize the protection of investors, municipal entities, and the public interest. MSRB regulates firms involved in municipal securities and advisory activities, advocating for transparency in the market. Their mission encompasses promoting a level playing field for investors and supporting the financial wellbeing of local governments. MSRB's regulatory efforts aim to ensure that all market participants adhere to ethical business practices and disclosure requirements. Additionally, the organization strives to maintain market integrity by addressing issues related to pricing, disclosures, and fair trading practices.


Official website here: www.msrb.org

Who is the CEO of Municipal Securities Rulemaking Board?

Mark T Kim is the President & Ceo of Municipal Securities Rulemaking Board. The CEO's salary of Municipal Securities Rulemaking Board is $678,950 and their total compensation is $736,177.


Official website here: www.msrb.org

What is the revenue of Municipal Securities Rulemaking Board?

Municipal Securities Rulemaking Board's revenue in 2022 was $32,395,479.


Official website here: www.msrb.org

Who are the executives of Municipal Securities Rulemaking Board and what are their salaries?

The average compensation at Municipal Securities Rulemaking Board during 2022 was $160,254. There are 125 employees at Municipal Securities Rulemaking Board.


Here are 41 key members and their salaries (Municipal Securities Rulemaking Board's CEO's salary is $678,950 and their total compensation is $736,177):


Mark T Kim (President & Ceo)
  • Compensation: $678,950
  • Related: $0
  • Other: $57,227
Nanette D Lawson (Chief Operating Officer)
  • Compensation: $532,069
  • Related: $0
  • Other: $67,320
John A Bagley (Chief Market Structure Officer)
  • Compensation: $490,531
  • Related: $0
  • Other: $61,320
Gail Marshall (Chief Regulatory Officer)
  • Compensation: $435,629
  • Related: $0
  • Other: $46,351
E Adam Cusson (Chief Technology Officer)
  • Compensation: $447,906
  • Related: $0
  • Other: $25,915
Jacob Lesser (General Counsel)
  • Compensation: $415,203
  • Related: $0
  • Other: $25,397
Brian Anthony (Chief Data Officer)
  • Compensation: $306,774
  • Related: $0
  • Other: $51,040
John Toye (Deputy Chief Technology Offcr)
  • Compensation: $275,169
  • Related: $0
  • Other: $58,851
Lalita Hirve (Deputy Chief Technology Offcr)
  • Compensation: $283,376
  • Related: $0
  • Other: $50,248
Simon Wu (Chief Economist)
  • Compensation: $295,266
  • Related: $0
  • Other: $30,296
Tangie Davis (Deputy Chief Technology Officr)
  • Compensation: $284,803
  • Related: $0
  • Other: $38,978
Leah Szarek (Chief Of External Relations)
  • Compensation: $282,246
  • Related: $0
  • Other: $37,014
Sally Klemperer (Sr. Associate General Counsel)
  • Compensation: $284,367
  • Related: $0
  • Other: $33,209
Jill Furick (Chief People Officer)
  • Compensation: $282,988
  • Related: $0
  • Other: $31,904
Omer S Ahmed (Cfo & Treasurer)
  • Compensation: $235,009
  • Related: $0
  • Other: $57,020
Ronald W Smith (Corporate Secretary)
  • Compensation: $252,710
  • Related: $0
  • Other: $34,281
Sara Ahmadzai (Assistant Corporate Secretary)
  • Compensation: $161,448
  • Related: $0
  • Other: $35,390
Mallory Bucher (Former Asst Corp Secretary)
  • Compensation: $135,350
  • Related: $0
  • Other: $24,140
Jessica Faucette (Assistant Corporate Secretary)
  • Compensation: $102,609
  • Related: $0
  • Other: $17,473
Patrick Brett (Director, Board Chair)
  • Compensation: $71,250
  • Related: $0
  • Other: $0
Edward J Sisk (Former Board Chair)
  • Compensation: $67,500
  • Related: $0
  • Other: $0
Joseph P Darcy (Director)
  • Compensation: $63,750
  • Related: $0
  • Other: $0
Meredith L Hathorn (Director, Board Vice Chair)
  • Compensation: $63,750
  • Related: $0
  • Other: $0
Caroline Cruise (Director)
  • Compensation: $61,250
  • Related: $0
  • Other: $0
Seema Mohanty (Director)
  • Compensation: $61,250
  • Related: $0
  • Other: $0
Donna M Simonetti (Director)
  • Compensation: $61,250
  • Related: $0
  • Other: $0
Francis E Fairman Iv (Director)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Carol Kostik (Director)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Daniel Kiley (Director)
  • Compensation: $57,500
  • Related: $0
  • Other: $0
Thalia Meehan (Director)
  • Compensation: $57,500
  • Related: $0
  • Other: $0
Angelia Schmidt (Director)
  • Compensation: $57,500
  • Related: $0
  • Other: $0
Julia H Cooper (Former Director)
  • Compensation: $48,750
  • Related: $0
  • Other: $0
Manju S Ganeriwala (Former Director)
  • Compensation: $41,250
  • Related: $0
  • Other: $0
Sonia Toledo (Former Director)
  • Compensation: $41,250
  • Related: $0
  • Other: $0
Beth Wolchock (Former Director)
  • Compensation: $41,250
  • Related: $0
  • Other: $0
William M Fitzgerald Sr (Former Director)
  • Compensation: $21,305
  • Related: $0
  • Other: $0
Robert Clarke Brown (Former Director)
  • Compensation: $19,341
  • Related: $0
  • Other: $0
Jennie Huang Bennett (Director)
  • Compensation: $16,250
  • Related: $0
  • Other: $0
Warren Daniels (Director)
  • Compensation: $16,250
  • Related: $0
  • Other: $0
Katano Kasaine (Director)
  • Compensation: $16,250
  • Related: $0
  • Other: $0
Elizabeth Sweeney (Director)
  • Compensation: $16,250
  • Related: $0
  • Other: $0


Official website here: www.msrb.org

Where can I find the form 990 for Municipal Securities Rulemaking Board?

Municipal Securities Rulemaking Board's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.msrb.org

Learn more at the official website: www.msrb.org

Mission Statement of Municipal Securities Rulemaking Board

The Municipal Securities Rulemaking Board (MSRB) plays a pivotal role in safeguarding investors, municipal entities, and the public interest. Committed to upholding a fair and efficient municipal securities market, MSRB regulates firms involved in municipal securities and advisory activities.

In their pursuit of market transparency, MSRB ensures that investors are well-informed and protected. By promoting a level playing field, the organization builds trust and confidence within the municipal securities market. MSRB's mission extends beyond just regulating firms; it also focuses on fostering an environment conducive to the growth and development of this unique market. The ultimate goal is to preserve the integrity of the municipal securities market for the benefit of all stakeholders.

MSRB's regulatory efforts are guided by its commitment to protecting municipal entities and the public interest. Through its vigilant oversight, the organization ensures that firms adhere to established rules and guidelines, thereby maintaining a reliable and trustworthy market. MSRB's dedication to market transparency provides investors with the necessary information to make informed decisions, ultimately contributing to a stronger and more stable municipal securities market.

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Impact




October, 2024

The Municipal Securities Rulemaking Board (MSRB) plays a crucial role in maintaining the integrity and efficiency of the municipal securities market. By establishing rules and regulations that govern municipal securities and advisory activities, the MSRB promotes transparency and fairness, which are essential for investor confidence. This regulatory framework not only protects investors but also safeguards the interests of state and local governments and other municipal entities.

Their efforts help ensure that market participants adhere to high standards of conduct, reducing the risk of fraud and misconduct. Additionally, by enhancing market transparency, the MSRB fosters a more informed investor base, which is vital for the healthy functioning of the municipal securities market. Overall, the impact of the MSRB is significant in facilitating a reliable and equitable marketplace, ultimately benefiting the wider community.




This information is meant to be a general summary of Municipal Securities Rulemaking Board. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$32,395,479 (2022)
Expenses
$41,558,950 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $668,714
  • Program Service Revenue: $3,549,975
  • Gross Receipts: $32,395,479

Assets and Liabilities:

  • Total Assets: $68,082,981
  • Total Liabilities: $11,570,964
  • Net Assets: $56,512,017

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DATA SUBSCRIPTIONS

Revenue

$2,440,175

RULE VIOLATION FINE REVENUE

Revenue

$761,500

PROFESSIONAL QUALIFICATION EXAM FEES

Revenue

$348,300

Organization Details

Founding Year

1975

Principal Officer

Mark T Kim

Main Address

1300 I Street NW STE 1000, Washington, DC, 20005

NTEE Category

Code: S40 - Community improvement

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