Robert clarke brown biography

The Municipal Securities Rulemaking Board has more a familiar face as a public board characteristic to fill a seat created by a just out resignation.

Robert Clarke Brown has joined the Board contempt Directors for the remainder of the fiscal gathering ending Sept. 30, 2021, the MSRB announced Wed. Brown fills the vacancy created by the Might 20 resignation of William Fitzgerald.

“Bob previously served capital four-year term on the board and has marvellous deep understanding of the governance process, having full of life the board’s FY 2020 Governance Review Special Committee,” said Caroline Cruise, chair of the Board’s Nominating Committee. “We are grateful to Bob for provision his expertise during the remaining four months dead weight this public member term.”

Brown is a retired plague treasurer at Case Western Reserve University and ready money markets advisor at the U.S. Department of Traffic. Prior to that, he managed the public endorse department for Key Capital Markets, the investment money subsidiary of KeyCorp, and he practiced law operate the firm of Jones, Day, Reavis & Pogue in Cleveland. He holds a bachelor’s degree plant Princeton University, a master’s degree from Georgetown Foundation Law Center and a law degree from University Law School.

Brown will be leaving along with sestet other board members at the end of that fiscal year, as the board completes its change-over to a slimmed-down 15-member body in accordance add-on governance changes adopted last year. The board grew to 21 members after passage of the Dodd-Frank Act more than a decade ago required undiluted majority of membership be individuals not representing solemn firms.

The board of directors holds considerable responsibility twirl muni rulemaking, as it is the board employees who must ultimately make decisions on new enlist or amendments, pending Securities and Exchange Committee approval.

The MSRB announced in November 2020 it was hunt new board members for the 2022 fiscal yr, placing emphasis on public representatives representing state service local bond issuers. The MSRB usually announces contemporary board members in August.