Dylan Bruce, CFA’s Financial Services Counsel, submitted comments to the Municipal Securities Rulemaking Board (MSRB) in response to their request for information on environmental, social and governance (ESG) practices in the municipal securities market. Specifically, the MSRB requested stakeholder input on ways to enhance issuer protection, investor protection, and the overall fairness and efficiency of the municipal securities market in relation to the disclosure of ESG-related information and the labeling and marketing of municipal securities with ESG designations.