MSRB credits Dodd-Frank for its gains in revenue, assets

The Municipal Securities Rulemaking Board released its annual report Tuesday, and in it the board said its annual revenue for the fiscal year ended in September was $39.9 million, up 19% from a year earlier. The board's total assets came in at $50 million, an increase of 37% from a year earlier. Officials attributed the gains to new responsibilities placed on the board by the Dodd-Frank Act and the need to keep more funds on reserve.

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Bond Buyer (special access for readers of SIFMA SmartBrief), The

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