MSRB accepting MA board member applications

The Municipal Securities Rulemaking Board is seeking a municipal advisor representative on its board of directors to fill the seat left by Jill Jaworski, who is leaving the board to become the chief financial officer for the City of Chicago.

Applications will be open through the Board of Directors Application Portal on the MSRB.org site through June 16. Those interested must submit at least one letter of recommendation with their application and the selected candidate will join Oct. 1, serving out the remaining three years of Jaworski’s term.

“The MSRB congratulates Jill on her appointment to serve as the CFO of the City of Chicago,” said MSRB chair Meredith Hathorn. “Jill’s new role creates an opportunity for qualified individuals to consider applying to serve on the Board and work with us to advance the organization’s long-term strategic goals to continually modernize the market’s rules, technological infrastructure and data.”

The Board cmprises 15 members, of which eight are public representatives not regulated by the MSRB, including one investor and at least one issuer. The seven regulated members include representatives of broker-dealers, banks and non-dealer municipal advisors.

“We welcome interested municipal advisors to reach out to us with questions about Board service,” said Thalia Meehan, Chair of the MSRB Nominating Committee, which leads the process of nominating new Board members. “The Nominating Committee is seeking candidates who will best represent the diversity of perspectives within the municipal advisory profession.”

For those not qualified as an MA, the board is separately seeking to nominate two public and two regulated representatives to join the board on Oct. 1. Board members receive an annual stipend of $65,000 for their service on the Board.

Questions surrounding the application and selection process should be directed at the MSRB’s general counsel Jake Lesser, the board said.