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Published on 8/18/2011 in the Prospect News Municipals Daily.

MSRB names new officers, board of directors members to begin Oct. 1

By Melissa Kory

Cleveland, Aug. 18 - The Municipal Securities Rulemaking Board announced the names of its new officers and board of director members who will begin their terms on Oct. 1.

Alan D. Polsky, senior vice president at Dougherty & Co. LLC, will serve as chairman of the MSRB. Robert A. Lamb, president of Lamont Financial Services Corp., will serve as vice chairman.

Officer terms are for one year. Each new board member will serve a three-year term.

"The MSRB is excited to welcome its new officers and board members for the new fiscal year," MSRB executive director Lynnette Kelly Hotchkiss said in a press release. "Both Alan and Bob have extensive experience in the municipal securities industry, and the MSRB will benefit from their leadership."

The MSRB's new board members represent the municipal securities dealer community and the public. New public representatives are Dall Forsythe, vice president of finance and operations at Atlantic Philanthropies, and Peter J. Taylor, executive vice president and chief financial officer of the University of California system.

Joining the board as bank representatives are Joseph J. Geraci, managing director and co-head of Capital Markets for the municipal securities division at Citi, and Daniel Heimowitz, managing director at RBC Capital Markets' U.S. municipal finance group.

The board's new securities firm representative is Edward J. De La Rosa, president of De La Rosa & Co.

The new MSRB members were nominated by the MSRB's nominating and governance committee, with the unanimous ratification of all nominees by the public members of the committee.


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