SIFMA Submits Response to MSRB Request for Input on Strategic Priorities

SIFMA provided a response to the MSRB's request for input on its strategic priorities for the coming year in which it answered questions about the MSRB's four key strategic goals and proposed a fifth strategic goal.

The MSRB's four key strategic goals are as follows: (i) municipal advisor regulation, (ii) municipal entity protection, (iii) market efficiency and (iv) price transparency. SIFMA proposed to add a fifth strategic goal: reducing the cost of regulatory compliance.

SIFMA provided comments and recommendations on governance issues that relate closely to the execution of initiatives under the four strategic goals. SIFMA also presented additional issues for the MSRB's consideration, including rule and enforcement harmonization, the adoption of sunset provisions, and continuing to build on the MSRB's capacity to undertake cost-benefit analyses.

See: SIFMA Response Letter.