Moody's Research Reports give you an in-depth perspective into the credit quality of an issuer. Each report is a comprehensive credit analysis examining the financial strength and risk factors particular to each issuer.

Search reports:

By Date
By Issuer
General Obligations

Moody's Research Reports

Date Issuer Description
10/21/14
8:30 pm
South Georgia College MOODY'S UPGRADES 17 SERIES OF UNIV SYS OF GEORGIA BONDS TO A1; OUTLOOK STABLE
10/21/14
7:47 pm
Bell County School District, KY MOODY'S ASSIGNS AA3 ENHANCED RATING TO BELL CO. SCHOOL DIST. FINANCE CORP'S (KY) $1.4M LEASE REVENUE BONDS
10/21/14
7:36 pm
Consumers Union of United States Inc., NY MOODY'S AFFIRMS CONSUMERS UNION'S (D/B/A CONSUMER REPORTS, NY) A1; OUTLOOK STABLE
10/21/14
7:09 pm
Bowling Green I.S.D. Finance Corporation, KY MOODY'S ASSIGNS AA3 ENHANCED RATING TO BOWLING GREEN IND. SCHOOL DIST. FINANCE CORP'S (KY) $5.5M LEASE REVENUE BONDS
10/21/14
6:44 pm
Monmouth (County of) NJ MOODY'S ASSIGNS AAA TO MONMOUTH COUNTY IMPR. AUTH., NJ'S $9.6M SER. 2014 GO-GUARANTEED BONDS
10/21/14
6:27 pm
North Shore Central School District, NY MOODY'S ASSIGNS AA1 TO NORTH SHORE CENTRAL SCHOOL DISTRICT'S (NY) $6.5M GO BONDS
10/21/14
6:12 pm
Colorado Springs (City of) CO Airport Ent. MOODY'S AFFIRMS BAA1 ON CITY OF COLORADO SPRINGS (CO) AIRPORT ENTERPRISE'S AIRPORT SYSTEM BONDS; OUTLOOK STABLE
10/21/14
5:58 pm
Independent School District of Boise City, ID MOODY'S ASSIGNS AN AA1 RATING TO INDEPENDENT SCHOOL DISTRICT OF BOISE CITY, ID'S G.O. BONDS
10/21/14
5:54 pm
Algonac Community Schools, MI MOODY'S AFFIRMS AA3 ON ALGONAC COMMUNITY SCHOOLS, MI'S OUTSTANDING GO DEBT; NEGATIVE OUTLOOK ASSIGNED
10/21/14
5:11 pm
Orleans Parish School Board, LA MOODY'S AFFIRMS ORLEANS PARISH SCHOOL BOARD'S, LA, GENERAL OBLIGATION BONDS AT AA3; OUTLOOK REMAINS STABLE
10/21/14
4:52 pm
Arizona Water Infrastructure Finance Auth. MOODY'S ASSIGNS AAA TO $358M WATER INFRASTRUCTURE FINANCE AUTHORITY OF ARIZONA'S WATER QUALITY REVENUE REFUNDING BONDS, SERIES 2014A; OUTLOOK IS STABLE
10/21/14
4:40 pm
Solon Community School District, IA MOODY'S UPGRADES SOLON COMMUNITY SCHOOL DISTRICT, IA'S GO TO AA3
10/21/14
4:25 pm
Standish-Sterling Community Schools, MI MOODY'S DOWNGRADES STANDISH-STERLING COMMUNITY SCHOOLS, MI'S GO TO A1
10/21/14
4:02 pm
Essex (County of) NJ MOODY'S ASSIGNS MIG 1 TO $5.625M ESSEX COUNTY UTIL. AUTH., NJ'S PROJECT NOTES, 2014
10/21/14
3:37 pm
Groton-Dunstable Regional School District, MA MOODY'S AFFIRMS A1 RATING ON GROTON-DUNSTABLE REGIONAL SCHOOL DISTRICT'S, MA GO DEBT
10/21/14
3:36 pm
Hazard (City of) KY MOODY'S ASSIGNS MIG 1 TO CITY OF HAZARD'S (KY) $42M BAN (APPALACHIAN REGIONAL HEALTHCARE PROJECT), SERIES 2014
10/21/14
2:23 pm
Chambersburg Area School District, PA MOODY'S ASSIGNS AA2 UNDERLYING / A2 ENHANCED RATINGS TO CHAMBERSBURG ASD, PA'S $9.8M GO BONDS, SER. AA OF 2014; OUTLOOK IS NEGATIVE
10/21/14
1:28 pm
Antioch Unified School District, CA MOODY'S DOWNGRADES ANTIOCH UNIFIED SCHOOL DISTRICT'S (CA) ISSUER AND SFID RATINGS TO A1; NEGATIVE OUTLOOK ASSIGNED
10/21/14
1:26 pm
Virginia (Commonwealth of) MOODY'S ASSIGNS AA1 TO $82M VIRGINIA SCHOOL FINANCING BONDS; OUTLOOK STABLE
10/21/14
11:45 am
San Antonio (City of) TX MOODY'S AFFIRMS A1 ON SAN ANTONIO (TX) AIRPORT REVENUE BONDS SENIOR LIEN AND A2 ON SUBORDINATE LIEN
10/21/14
10:55 am
Genoa Central School District 1, AR MOODY'S ASSIGNS AA2 ENHANCED TO GENOA CENTRAL SCHOOL DISTRICT NO. 1'S (AR) REFUNDING BONDS 2014
10/21/14
10:35 am
Lamar School District 39, AR MOODY'S ASSIGNS AA2 ENHANCED TO LAMAR SCHOOL DISTRICT NO. 39'S (AR) REFUNDING BONDS 2014
10/21/14
10:18 am
Trumann School District 21, AR MOODY'S ASSIGNS AA2 ENHANCED TO TRUMANN SCHOOL DISTRICT NO. 21'S (AR) REFUNDING BONDS 2014
10/21/14
10:11 am
White Hall School District 27, AR MOODY'S ASSIGNS AA2 ENHANCED TO WHITE HALL SCHOOL DISTRICT NO. 27'S (AR) REFUNDING BONDS 2014
10/21/14
9:58 am
Carlisle School District 3, AR MOODY'S ASSIGNS AA2 ENHANCED RATING AND STABLE OUTLOOK TO CARLISLE SCHOOL DISTRICT 3, AR'S OUTSTANDING BONDS
10/21/14
9:34 am
Conway School District 1, AR MOODY'S ASSIGNS AA2 ENHANCED TO CONWAY SCHOOL DISTRICT NO. 1'S (AR) REFUNDING BONDS 2014
10/21/14
9:19 am
Midland School District 19, AR MOODY'S ASSIGNS AA2 ENHANCED TO MIDLAND SCHOOL DISTRICT NO. 19'S (AR) REFUNDING BONDS 2014
10/20/14
7:53 pm
Naperville Park District, IL MOODY'S ASSIGNS AAA TO NAPERVILLE PARK DISTRICT IL'S $9.44M GOLT REF. DEBT CERT., SER. 2014
10/20/14
7:34 pm
Cape Fear Public Utility Authority, NC MOODY'S ASSIGNS AA2 TO CAPE FEAR PUBLIC UTILITY AUTHORITY'S (NC) $65M WATER & SEWER BONDS
10/20/14
6:59 pm
Indiana Municipal Power Agency MOODY'S ASSIGNS A1 TO INDIANA MUNICIPAL POWER AGENCY'S POWER SUPPLY REVENUE BONDS
10/20/14
6:58 pm
Leavenworth (City of) KS MOODY'S ASSIGNS AA2 TO CITY OF LEAVENWORTH, KS' $490K GO BONDS, SER. 2014-B
10/20/14
6:40 pm
Manassas (City of) VA MOODY'S ASSIGNS AA1 TO MANASSAS, VA'S $51.3 GO BONDS
10/20/14
6:07 pm
California Department of Water Resources MOODY'S ASSIGNS AA1 TO CALIFORNIA DWR'S CVP WATER SYSTEM REVENUE BONDS, SERIES AT (INDEX FLOATING RATE BONDS)
10/20/14
5:45 pm
Chester Water Authority, PA MOODY'S ASSIGNS AA2 TO CHESTER WATER AUTH., PA'S $69M SER. 2014 WATER REVENUE BONDS
10/20/14
5:35 pm
Burnsville I.S.D. 191, MN MOODY'S ASSIGNS AA2 UNDERLYING & AA2 ENHANCED (MSDE) TO BURNSVILLE ISD 191, MN'S $4.1M GO REFUNDING BONDS
10/20/14
5:11 pm
Azusa (City of) CA MOODY'S AFFIRMS CITY OF AZUSA'S (CA) ISSUER AND COP RATINGS; OUTLOOK REMAINS NEGATIVE
10/20/14
4:32 pm
Jackson (City of) TN MOODY'S AFFIRMS JACKSON-MADISON COUNTY GENERAL HOSPITAL'S (TN) A1; OUTLOOK STABLE
10/20/14
4:21 pm
Cleco Power LLC MOODY'S REVISES CLECO CORP AND CLECO POWER'S OUTLOOKS TO NEGATIVE ON SALE ANNOUNCEMENT
10/20/14
4:15 pm
Upper Santa Clara Valley Jt. Pwr Auth., CA MOODY'S AFFIRMS SANTA CLARITA WATER DIVISION'S (CA) AA3 RATING; STABLE OUTLOOK ASSIGNED
10/20/14
2:29 pm
West Jefferson Hills School District, PA MOODY'S UPGRADES WEST JEFFERSON HILLS SD, PA TO AA2 FROM AA3
10/20/14
1:51 pm
Detroit (City of) MI MOODY'S DOWNGRADES DETROIT, MI'S CERTIFICATES OF PARTICIPATION TO C
10/20/14
1:35 pm
Edgewood I.S.D., TX (Bexar County) MOODY'S ASSIGNS A1 UNDERLYING/AAA ENHANCED TO EDGEWOOD ISD (BEXAR COUNTY), TX'S 2014 GOULT BONDS
10/20/14
1:35 pm
Rhode Island (State of) MOODY'S ASSIGNS AA3 TO RHODE ISLAND'S $47.7M LEASE PARTICIPATION CERTIFICATES; OUTLOOK STABLE
10/20/14
1:17 pm
North Reading (Town of) MA MOODY'S ASSIGNS AA2 TO NORTH READING MA'S $2.5M GO SER. A AND $1M GO SER. B BONDS
10/17/14
7:36 pm
Butte (County of) CA MOODY'S AFFIRMS BAA1 RATING ON CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY'S TAXABLE PENSION OBLIGATION BONDS SERIES 2004 A-1
10/17/14
6:49 pm
Wisconsin Housing & Economic Dev. Auth. MOODY'S ASSIGNS AA3 TO $10M WISCONSIN HOUSING & ECONOMIC DEVELOPMENT AUTHORITY MULTIFAMILY HOUSING BONDS, 2014 SERIES A (NON-AMT); OUTLOOK STABLE
10/17/14
6:24 pm
Portage Public Schools, MI MOODY'S DOWNGRADES PORTAGE PUBLIC SCHOOLS, MI'S GO TO AA3
10/17/14
6:02 pm
East Hanover (Township of) NJ MOODY'S ASSIGNS AA2 TO EAST HANOVER, NJ'S $4.8M GO BONDS
10/17/14
5:51 pm
District of Columbia MOODY'S REVISES OUTLOOK TO STABLE FOR HENRY J. KAISER FAMILY FOUNDATION, DC; AFFIRMS AA2/VMIG 1
10/17/14
5:29 pm
De Pere (City of) WI MOODY'S ASSIGNS AA2 TO CITY OF DE PERE, WI'S $3.6M GO SER. 2014A BONDS AND SER. 2014B NOTES
10/17/14
5:27 pm
Wellspan Health, PA MOODY'S ASSIGNS AA3 TO WELLSPAN HEALTH'S (PA) $204.5M SER. 2014A; OUTLOOK IS STABLE
10/17/14
5:07 pm
South Dakota Housing Development Authority MOODY'S ASSIGNS AA1 RATING TO SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY HOMEOWNERSHIP MORTGAGE BONDS 2014 SERIES D (NON-AMT), SERIES E (NON-AMT) & SERIES F (TAXABLE)
10/17/14
4:09 pm
Metropolitan Transportation Authority, NY MOODY'S: NO RATING IMPACT ON BONDS ISSUED BY THE METROPOLITAN TRANSPORTATION AUTHORITY FOLLOWING REMARKETING
10/17/14
3:28 pm
Triborough Bridge & Tunnel Authority, NY MOODY'S: NO RATING IMPACT ON NOTES REMARKETED BY TRIBOROUGH BRIDGE AND TUNNEL AUTHORITY, NY.
10/17/14
3:28 pm
Donna Independent School District, TX MOODY'S ASSIGNS A2 UNDERLYING/AAA ENHANCED TO DONNA ISD'S (TX) $12.8M REFUNDING BONDS, SERIES 2014
10/17/14
2:53 pm
Seneca Valley School District, PA MOODY'S ASSIGNS AA2 TO SENECA VALLEY SD, PA'S $10M GO BONDS
10/17/14
2:33 pm
Maine State Housing Authority MOODY'S ASSIGNS AA1/VMIG 1 TO MAINE ST. HOUSING AUTHORITY MORTGAGE PURCHASE BONDS, 2014 D (FEDERALLY TAXABLE) $55M; OUTLOOK STABLE
10/17/14
1:56 pm
East Baton Rouge MFA - Sgle. Fam. Rev. '02A MOODY'S CONFIRMS AA1 EAST BATON ROUGE MFA (LA), MORT. REV. BONDS MBS PROG. 2002A. THIS CONCLUDES MOODY'S REVIEW.
10/17/14
1:53 pm
Mississippi Development Bank MOODY'S AFFIRMS RATING ON THE MUNICIPAL ENERGY AGENCY OF MISSISSIPPI'S POWER SUPPLY REVENUE BONDS ISSUED THROUGH THE MISSISSIPPI DEVELOPMENT BANK; OUTLOOK STABLE
10/17/14
1:27 pm
District of Columbia Water & Sewer Authority MOODY'S ASSIGNS AA3 TO $368M DC WATER SUBORDINATE LIEN REFUNDING BOND; OUTLOOK STABLE
10/17/14
12:44 pm
Florida (State of) MOODY'S ASSIGNS AA1 TO FLORIDA'S FULL FAITH AND CREDIT STATE BOARD OF EDUCATION CAPITAL OUTLAY REFUNDING BONDS, 2014 SER. B; OUTLOOK STABLE
10/17/14
12:23 pm
Blind Brook Rye Union Free Sch Dist., NY MOODY'S ASSIGNS AA2 TO BLIND BROOK-RYE UFSD, NY'S $10.235M GO BONDS
10/17/14
12:02 pm
St. Joseph's Healthcare System, NJ MOODY'S UPGRADES ST. JOSEPH'S HEALTHCARE SYSTEM (NJ) TO BAA3; OUTLOOK STABLE
10/17/14
11:36 am
Chatham (County of) NC MOODY'S UPGRADES CHATHAM COUNTY NC'S GO RATING TO AA1 FROM AA2
10/17/14
11:24 am
Loma Linda (City of) CA MOODY'S AFFIRMS LOMA LINDA UNIVERSITY MEDICAL CENTER'S (CA) BAA3; OUTLOOK NEGATIVE
10/17/14
10:34 am
Texas Health Resources MOODY'S REVISES TEXAS HEALTH RESOURCES' OUTLOOK TO DEVELOPING
10/17/14
9:27 am
Lubbock Independent School District, TX MOODY'S ASSIGNS AA1 UNDERLYING/AAA ENHANCED TO LUBBOCK ISD, TX'S $13M GO BONDS
10/16/14
7:15 pm
Morris Area Independent School Dist. 2769, MN MOODY'S ASSIGNS ENHANCED AA2 TO MORRIS AREA INDEPENDENT SCHOOL DISTRICT 2769, MN'S $17.4M GO BONDS, SER. 2014A&B
10/16/14
7:06 pm
Rider University, NJ MOODY'S DOWNGRADES RIDER UNIVERSITY, NJ TO BAA2, OUTLOOK STABLE
10/16/14
6:41 pm
Tempe (City of) AZ MOODY'S ASSIGNS AA1 RATING TO THE CITY OF TEMPE, AZ G.O. REFUNDING BONDS, SERIES 2014C
10/16/14
6:32 pm
Franklin (City of) KY MOODY'S DOWNGRADES FRANKLIN'S (KY) GO DEBT TO A3; ASSIGNS NEGATIVE OUTLOOK
10/16/14
6:22 pm
Coon Rapids (City of) MN MOODY'S ASSIGNS AA1 COON RAPIDS, MN'S $9.7M GO BONDS, SER. 2014A
10/16/14
6:10 pm
Menomonee Falls (Village of) WI MOODY'S ASSIGNS AA2 TO THE VILLAGE OF MENOMONEE FALLS, WI'S $8.5M GO REFUNDING BONDS; OUTLOOK REMAINS NEGATIVE
10/16/14
6:05 pm
Massachusetts (Commonwealth of) MOODY'S ASSIGNS AA1 TO $1.21B OF MASSACHUSETTS GO BONDS; OUTLOOK STABLE
10/16/14
5:24 pm
Madison (City of) WI MOODY'S ASSIGNS AA2 TO CITY OF MADISON, WI'S $10.5M SEWER SYSTEM REV. BONDS, SER. 2014-C
10/16/14
5:24 pm
Olivette (City of) MO MOODY'S ASSIGNS AA2 TO THE CITY OF OLIVETTE, MO'S $13.5M GO BONDS, SERIES 2014
10/16/14
5:16 pm
Osseo Area Independent School District 279,MN MOODY'S ASSIGNS AA1 UNDERLYING AND AA2 ENHANCED TO OSSEO ISD NO. 279'S (MN) $5.7M GO BONDS SER. 2014A
10/16/14
4:55 pm
Hastings Independent School District 200, MN MOODY'S ASSIGNS AA3 UNDERLYING & AA2 ENHANCED TO HASTINGS ISD 200, MN'S $20.0M GO BONDS, SER. 2014A
10/16/14
4:47 pm
Providence Health & Services, WA MOODY'S ASSIGNS AA3 TO PROVIDENCE HEALTH & SERVICES' (WA) SERIES 2014D BONDS; OUTLOOK STABLE
10/16/14
4:27 pm
Bay Area Toll Authority, CA MOODY'S AFFIRMS AA1 BAY AREA TOLL AUTHORITY REVENUE BONDS SERIES 2007A-2, 2007B-2, 2007C-2, 2007D-2, 2007G-1, 2008C-1 & 2008E-1; VMIG 1 RATINGS AFFIRMED/ CONFIRMED
10/16/14
4:19 pm
Eastern Carver County Schools, MN MOODY'S ASSIGNS AA2 UNDERLYING AND AA2 ENHANCED TO EASTERN CARVER COUNTY ISD 112, MN'S $9.5M GO BONDS, SER. 2014A-B
10/16/14
4:11 pm
Massachusetts Housing Finance Agency MOODY'S ASSIGNS A RATING OF AA2 TO MASSHOUSING'S SINGLE FAMILY HOUSING REVENUE BONDS SERIES' 172-174; OUTLOOK STABLE
10/16/14
3:30 pm
University of Missouri System, MO MOODY'S ASSIGNS AA1 TO UNIVERSITY OF MISSOURI SYSTEM'S UP TO $200M OF SERIES 2014B BONDS; OUTLOOK STABLE
10/16/14
3:12 pm
Birmingham (City of) AL MOODY'S ASSIGNS AA2 TO BIRMINGHAM, AL'S $87M GO REFUNDING BONDS AND WARRANTS, SERIES 2014A-B; OUTLOOK IS STABLE
10/16/14
2:40 pm
Hartford County Metropolitan District, CT MOODY'S ASSIGNS AA2 TO HARTFORD METRO DIST., CT'S $140M REVENUE BONDS; OUTLOOK STABLE
10/16/14
1:35 pm
Tennessee Energy Acquisition Corporation MOODY'S UPGRADES TO BAA1 FROM BAA2 TENNESSEE ENERGY ACQUISITION CORPORATION GAS PROJECT REVENUE BONDS, SERIES 2006A
10/16/14
1:34 pm
Riverdale School District, WI MOODY'S ASSIGNS INITIAL A1 TO RIVERDALE SCHOOL DISTRICT, WI'S $9M GO BONDS
10/16/14
12:24 pm
Chicago (City of) IL MOODY'S CORRECTS SHORT-TERM RATING ON CITY OF CHICAGO'S (IL) SECOND LIEN WATER REVENUE BONDS, VARIABLE RATE SERIES 2000-1 AND SERIES 2000-2 TO VMIG 2 FROM VMIG 1
10/16/14
11:04 am
Muhlenberg School District, PA MOODY'S UPGRADES MUHLENBERG SD, PA'S GO TO AA2
10/16/14
10:08 am
North Carolina Eastern Municipal Power Agency MOODY'S CHANGES NORTH CAROLINA EASTERN MUNICIPAL POWER RATING OUTLOOK TO POSITIVE; RATINGS ALSO AFFIRMED
10/15/14
10:18 pm
Peach County Development Authority, Ga MOODY'S UPGRADES UNIV SYS OF GA'S SER 2006 (FORT VALLEY STATE UNIVERSITY FOUNDATION PROPERTY, LLC PROJECT) TO A2; OUTLOOK STABLE
10/15/14
10:13 pm
South Georgia College MOODY'S REVIEWS 20 RATINGS OF UNIV SYS OF GEORGIA FOR UPGRADE
10/15/14
9:17 pm
Shreveport (City of) LA Water & Swr. Ent. MOODY'S ASSIGNS A3 TO THE CITY OF SHREVEPORT'S, LA, $150M WATER AND SEWER REVENUE BONDS, SERIES 2014A & B; NEGATIVE OUTLOOK ASSIGNED
10/15/14
8:45 pm
Casino Reinvestment Development Authority, NJ MOODY'S ASSIGNS INITIAL BAA2 TO CASINO REINVESTMENT DEVELOPMENT AUTHORITY'S (NJ) $253M LUXURY TAX REVENUE BONDS, SERIES 2014
10/15/14
8:42 pm
Casino Reinvestment Development Authority, NJ MOODY'S DOWNGRADES TO BA3 FROM BAA3 THE RATING ON CRDA,NJ'S $194.6M PARKING FEE AND ATLANTIC CITY FUND REV. 2005 A & B BONDS
10/15/14
8:40 pm
Casino Reinvestment Development Authority, NJ MOODY'S DOWNGRADES TO BAA3 FROM BAA2 THE RATING ON CRDA, NJ'S $66.3M HOTEL FEE REV. 2004 BONDS
10/15/14
7:46 pm
De Kalb & Kane Cos.C.U.S.D.427 (Sycamore), IL MOODY'S DOWNGRADES DEKALB & KANE COUNTY COMMUNITY UNIT SCHOOL DISTRICT 427 (SYCAMORE), IL'S GO TO AA3; NEGATIVE OUTLOOK ASSIGNED
10/15/14
7:35 pm
Marymount Manhattan College, NY MOODY'S AFFIRMS MARYMOUNT MANHATTAN COLLEGE'S (NY) BAA2; OUTLOOK STABLE
10/15/14
7:26 pm
Rancocas Valley Regional H.S.D., NJ MOODY'S ASSIGNS AA2 UNDERLYING/AA3 ENHANCED TO RANCOCAS VALLEY REGIONAL HSD, NJ'S $13.9M 2014 GO BONDS
10/15/14
7:20 pm
Pinellas County School District, FL MOODY'S ASSIGNS MIG 1 TO PINELLAS CO. S.D.'S (FL) $85M SERIES 2014 TANS

Login to your account

Email address:
Password:

Become a member

Register for a MunicipalBonds.com account to get access to a whole new way of tracking, analyzing, and researching bonds.

   Keep track of bonds you own
   Get ratings from S&P and Moody's for all rated municipal bonds
   View issue history reports
   Access our price archives
...And much more

Register now »

We are providing certain data supplied to us by the Municipal Securities Rulemaking Board ("the Service") without warranties or representations and on an "as-is" basis. WE HEREBY DISCLAIM ALL REPRESENTATIONS AND WARRANTIES (EXPRESS OR IMPLIED), BUT NOT LIMITED TO, WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE REGARDING THE SERVICE. You shall bear all risk, related costs and liability and be responsible for your use of the Service.

The transaction data provided through the Real-Time Transaction Subscription Service represents municipal securities transaction data made available by brokers, dealers, and municipal securities dealers to the MSRB and related information. Such transaction data and/or related information may not exist for all municipal securities and may not be required to be submitted to the MSRB for certain types of municipal securities transactions. The MSRB does not review transaction data submitted by submitters for accuracy, completeness or any other purpose, and does not warrant or guarantee the accuracy of any such transaction data and/or related information.

The MSRB, its officers, directors, employees, agents, consultants, and licensors shall not be liable or responsible to you or anyone else for any losses, injuries, damages, costs, expenses or claims caused by, arising out of or relating to the following: (a) acts, omissions, occurrences or contingencies beyond their control; (b) service interruptions or performance failures, such as those that result from the use of telecommunications facilities that are outside of their control, including the Internet: (c) negligence, gross negligence or willful misconduct in procuring, compiling, interpreting, editing, writing, reporting or delivering any of the content and material; (d) lost, stolen, late, corrupted, misdirected, failed, incomplete or delayed transmissions by anyone using the Service, including, but not limited to, any technical malfunctions, human error, computer viruses, lost data transmissions, omissions, interruptions, deletions, defects, hyperlink failures or line failures of any telephone network, computer equipment, software or any combination thereof; (e) damage to your computer systems, equipment, software, data or other tangible or intangible property resulting from or sustained in connection with your use of the Service; and/or (f) any disruption of business, lost sales or lost profits or any punitive, exemplary, indirect, special, incidental, or consequential damages associated or in connection with, resulting from or arising out of any use of the Service or the content and material in the Service.

The MSRB and its officers, directors, employees, agents, consultants, and licensors shall have no liability in tort, contract, or otherwise (and as permitted by law, product liability) to you or anyone else for any reason associated or in connection with, resulting from or arising out of your use of the Service. The MSRB, its officers, directors, employees, agents, consultants, and licensors make, and have made, no recommendations regarding any of the securities or other investment vehicles, referred to or described in the Service.

The Service is reproduced by permission of the MSRB under a non-exclusive license. The MSRB accepts no responsibility for the accuracy of the reproduction of the Service or that Service is current.