The Municipal Securities Rulemaking Board is seeking applications to fill three positions, two public representatives and one regulated representative, for its board of directors for the 2025 fiscal year.
The application window will be open from Jan. 2 until Feb. 9 and can be submitted through the MSRB's Board of Directors Application Portal.
"Ensuring the MSRB Board is a diverse and inclusive decision-making body that reflects the wide variety of perspectives in the municipal market is essential to our ability to advance initiatives that support a fair and efficient market," said Meredith Hathorn, MSRB board chair.
"We are particularly interested in applicants with compliance experience and an understanding of the role of technology in the municipal securities market to help provide oversight of the MSRB's market transparency and regulatory initiatives," said MSRB board member and chair of the board's nominating committee Jennie Huang Bennett. "That said, we encourage all individuals with municipal securities experience from all regions of the United States to apply for membership on the Board."
The MSRB is looking for candidates to replace Meredith Hathorn, Angelia Schmidt, current vice chair of the board, as well as Thalia Meehan, whose terms all expire at the beginning of the 2025 fiscal year.
The board is made up of 15 members, eight public representatives, which include investors, municipal entities and other individuals not regulated by the MSRB, as well as seven members from firms not regulated by the MSRB, such as dealers and municipal advisors.
The application process consists of a three page questionnaire asking questions relevant to one's experience and requires a letter of recommendation to be submitted with it.
The newly selected board members would be sworn in when board's fiscal year begins on Oct. 1, 2024. All board members receive an annual stipend of $65,000.
