Washington, D.C. - The Municipal Securities Rulemaking Board (MSRB) will meet on July 22-23, 2026, to hold its final quarterly meeting of fiscal year 2026. The Board will vote to approve MSRB's proposed FY2027 budget and will hold FY2027 officer elections for MSRB Board Chair and Vice Chair, while also electing four new Board members. Additional highlights of the discussion will include several ongoing initiatives.

Regulatory Modernization

• Rule G-27: Discussion of potential next steps on MSRB dealer supervision initiatives
• Rule G-11: Update on stakeholder engagement on open contractual commitments
• Rule G-37: Primer on the rule as part of the MSRB's retrospective rule review
• Update on market infrastructure rules

Public Accountability and Market Transparency

• Stakeholder feedback on the FY2027 draft budget
• Update on the forthcoming modernized Electronic Municipal Market Access (EMMA) website
• Report on the taxable municipal market and recent MSRB research

In addition, on July 21, 2026, MSRB will host a Board education session related to decentralized finance and asset tokenization.