David Hodapp to leave MSRB

David Hodapp, the Municipal Securities Rulemaking Board’s director of market regulation, will be leaving the MSRB and his departure is imminent.

His impending departure was confirmed by a representative of the MSRB but the board failed to identify any specifics about when exactly he’s set to depart, where he may be headed and who may be taking his place.

Hodapp was hired by the MSRB in 2018 and has since been a key voice on many of the board’s most important initiatives, including the potential benefits of ESG-labeled bonds, municipal advisor obligations and SEC regulatory relief. He spoke at a number of Bond Buyer conferences on regulatory issues.

Hodapp began his career in 2006 as a campaign staffer for Senator Sherrod Brown, D-Ohio, in both Ohio and Washington D.C. and continued in that capacity until he joined Huntington National Bank in 2013 as associate counsel and assistant vice president. While there he worked closely with the bank’s compliance and risk functions to address certain regulations resulting from Dodd-Frank.

He then joined the law firm Squire Patton Boggs in Columbus, Ohio in 2015. It is around this time he served as bond counsel to DC Water, where Mark Kim, current chief executive officer of the MSRB was then serving as CFO. 

He served as counsel to underwriters, investors, issuers and borrowers in public finance transactions and advised clients on bond financing matters in competitive, negotiated and limited offerings.

Hodapp then stayed on at Squire Patton Boggs until 2018, when he was appointed assistant general counsel at the MSRB, a post he held for two years before being promoted to director of market regulation.

He received a bachelor’s degree from Dartmouth College and his J.D. from Ohio State University.