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 Report Description
09/13/17
10:59 am
Elmwood Local School District, OH ELMWOOD LOCAL SCHOOL DISTRICT, OH: ANNUAL COMMENT ON ELMWOOD LOCAL SCHOOLS
09/13/17
10:45 am
De Kalb (County of) AL DEKALB COUNTY, AL: ANNUAL COMMENT ON DEKALB COUNTY
09/13/17
10:39 am
Hillsboro (City of) TX CITY OF HILLSBORO, TX: ANNUAL COMMENT ON HILLSBORO
09/13/17
10:16 am
Brighton (Town of) NY (Monroe County) BRIGHTON (TOWN OF), NY (MONROE COUNTY): TOWN OF BRIGHTON, NY'S LATE DEBT SERVICE PAYMENT HAS NO RATING IMPACT
09/13/17
8:22 am
Springfield (City of) TN CITY OF SPRINGFIELD, TN: ANNUAL COMMENT ON SPRINGFIELD
09/13/17
12:00 am
Lake & McHenry Cos. C.U.S.D.118(Wauconda), IL LAKE & MCHENRY COS. C.U.S.D. 118 (WAUCONDA), IL: RATING UPDATE - MOODY'S UPGRADES LAKE & MCHENRY COS. C.U.S.D. 118 (WAUCONDA), IL'S GOLT TO AA3
09/13/17
12:00 am
Riverside (County of) CA RIVERSIDE COUNTY, CA: NEW ISSUE: MOODY'S ASSIGNS A MIG 1 TO RIVERSIDE COUNTY, CA'S $80.5M 2017 SERIES A TEETER OBLIGATION NOTES
09/13/17
12:00 am
Lincoln (City of) NE LINCOLN (CITY OF), NE: NEW ISSUE - MOODY'S ASSIGNS AAA TO LINCOLN, NE'S 2017 COPS
09/13/17
12:00 am
Oregon (State of) STATE OF OREGON: NEW ISSUE - MOODY'S ASSIGNS MIG 1 TO OREGON'S $600M TAX ANTICIPATION NOTES, 2017 SER. A
09/13/17
12:00 am
Milwaukee Area Technical College District, WI MILWAUKEE AREA TECHNICAL COLLEGE DISTRICT, WI : NEW ISSUE - MOODY'S ASSIGNS AA2 TO MILWAUKEE AREA TECHNICAL COLLEGE DISTRICT, WI'S GO NOTES
09/13/17
12:00 am
Maine State Housing Authority MAINE STATE HOUSING AUTHORITY: NEW ISSUE - MOODY'S ASSIGNS AA1 TO MAINE ST. HOUSING AUTHORITY MORTGAGE PURCHASE BONDS, SER. 2017 F & SER. 2017 G-2
09/13/17
12:00 am
Kenton (County of) KY KENTON (COUNTY OF), KY: NEW ISSUE: MOODY'S ASSIGNS AA2 TO KENTON COUNTY'S (KY) $61.4M GO BONDS; SERIES 2017A&B
09/13/17
12:00 am
Florence (City of) AL Water and Sewer Ent. FLORENCE (CITY OF) AL WATER AND SEWER ENT.: NEW ISSUE - MOODY'S ASSIGNS AN A1 TO FLORENCE WATER AND SEWER, AL'S $30.1M REVENUE BONDS
09/13/17
12:00 am
New Ulm Independent School District 88, MN NEW ULM INDEPENDENT SCHOOL DISTRICT 88, MN: UPDATE - MOODY'S AFFIRMS NEW ULM INDEPENDENT SCHOOL DISTRICT 88, MN'S GO AT A1
09/13/17
12:00 am
North Hempstead (Town of) NY NORTH HEMPSTEAD (TOWN OF) NY: NEW ISSUE - MOODY'S ASSIGNS AAA RATING TO NORTH HEMPSTEAD, NY'S $26.4 MILLION GOLT BONDS
09/13/17
12:00 am
Michigan State Building Authority MICHIGAN STATE BUILDING AUTHORITY: NEW ISSUE - MOODY'S ASSIGNS AA2 TO MICHIGAN SBA'S $109M REVENUE BONDS; OUTLOOK STABLE
09/12/17
7:09 pm
Prescott School District, WI MOODY'S UPGRADES PRESCOTT SCHOOL DISTRICT, WI'S GO TO AA3
09/12/17
6:58 pm
Clovis Unified School District, CA MOODY'S ASSIGNS AA2 TO CLOVIS USD'S (CA) 2017 GO REFUNDING BONDS
09/12/17
5:41 pm
Bracken County School District, KY MOODY'S ASSIGNS A1 ENHANCED TO BRACKEN CO. SCHOOL DISTRICT'S, KY LEASE REVENUE BONDS
09/12/17
5:10 pm
Pennsylvania Turnpike Commission MOODY'S ASSIGNS A1 TO PTC'S $373 MILLION TURNPIKE REVENUE SENIOR LIEN BONDS, SERIES A OF 2017; STABLE OUTLOOK
09/12/17
5:08 pm
Syracuse (City of) NY MOODY'S ASSIGNS A1 TO SYRACUSE NY'S $2.2M GO BONDS
09/12/17
4:48 pm
Wentzville R-IV School District , MO MOODY'S ASSIGNS AA2 UND/AA1 ENH TO WENTZVILLE R-IV SCHOOL DISTRICT'S, MO GOULT SERIES 2017
09/12/17
4:35 pm
Cabot School District 4, AR MOODY'S ASSIGNS AA2 ENHANCED TO CABOT SCHOOL DISTRICT NO. 4'S, AR $19.5M REFUNDING BONDS
09/12/17
4:19 pm
Erwin (Town of) NY TOWN OF ERWIN, NY: ANNUAL COMMENT ON ERWIN
09/12/17
4:18 pm
Woburn (City of) MA MOODY'S ASSIGNS AA1 AND MIG 1 TO WOBORN MA'S GO BONDS AND BANS
09/12/17
4:00 pm
Atlantic City (City of) NJ MOODY'S ASSIGNS BAA1 ENHANCED TO ATLANTIC CITY, NJ'S $80M GO BONDS
09/12/17
3:21 pm
Wilmington Area School District, PA MOODY'S DOWNGRADES WILMINGTON ASD, PA'S GO DEBT TO A2
09/12/17
2:56 pm
Livingston (County of) MI MOODY'S AFFIRMS AAA ON LIVINGSTON COUNTY, MI'S GOLT DEBT; OUTLOOK STABLE
09/12/17
2:30 pm
Orange County Housing Finance Authority, Homeowner Revenue Bonds (Multi-County Program), Series 2017A (Non-AMT), $20M CORRECTION TO TEXT AND HEADLINE, 8 SEPTEMBER 2017 RELEASE: MOODY'S ASSIGNS AAA TO ORANGE COUNTY HFA HOMEOWNER REV BONDS SERIES 2017A
09/12/17
2:22 pm
Hartford (City of) CT MOODY'S DOWNGRADES HARTFORD, CT'S GO TO CAA1 FROM B2; RATING UNDER REVIEW FOR POSSIBLE DOWNGRADE
09/12/17
2:19 pm
Frazier School District, PA MOODY'S AFFIRMS FRAZIER SCHOOL DISTRICT PA'S BAA3 GO RATING; OUTLOOK IS STABLE
09/12/17
1:17 pm
Moraine Park Technical College District, WI MOODY'S ASSIGNS AAA TO MORAINE PARK TCD, WI'S GO NOTES
09/12/17
1:04 pm
Bartlett (City of) TN MOODY'S ASSIGNS AA1 TO BARTLETT, TN'S $43.77M GO REF & IMP BONDS, SERIES 2017
09/12/17
11:50 am
North College Hill City School District, OH NORTH COLLEGE HILL CITY SCHOOL DISTRICT, OH: ANNUAL COMMENT ON NORTH COLLEGE HILL CITY SD
09/12/17
11:45 am
Pittsburg (City of) KS CITY OF PITTSBURG, KS: ANNUAL COMMENT ON PITTSBURG
09/12/17
11:17 am
Pickerington (City of) OH CITY OF PICKERINGTON, OH: ANNUAL COMMENT ON PICKERINGTON
09/12/17
10:46 am
Texas Dept. of Housing & Community Affairs MOODY'S ASSIGNS AAA TO TEXAS DEPT OF H&CA MULTIFAMILY HSING REV. BDS (PASS-THROUGH
09/12/17
10:46 am
Texas Dept. of Housing & Community Affairs MOODY'S ASSIGNS AAA TO TEXAS DEPT OF H&CA MULTIFAMILY HSING REV. BNDS (PASS-THROUGH--NUESTRO HOGAR APT.), 2017
09/12/17
10:46 am
Texas Dept. of Housing & Community Affairs MOODY'S ASSIGNS AAA TO TEXAS DEPT. OF H&CA MULTIFAMILY HOUSING REV. BONDS (PASS-THROUGH CASA INC. APT.), 2017
09/12/17
12:00 am
Wilmington Area School District, PA WILMINGTON AREA SCHOOL DISTRICT, PA: NEW ISSUE - MOODY'S DOWNGRADES WILMINGTON ASD, PA'S GO DEBT TO A2
09/12/17
12:00 am
Livingston (County of) MI LIVINGSTON COUNTY, MI: UPDATE MOODY'S AFFIRMS AAA ON LIVINGSTON COUNTY, MI'S GOLT DEBT; OUTLOOK STABLE
09/12/17
12:00 am
Syracuse (City of) NY CITY OF SYRACUSE, NY: NEW ISSUE -MOODY'S ASSIGNS A1 TO SYRACUSE NY'S $2.2M GO BONDS
09/12/17
12:00 am
Pennsylvania Turnpike Commission PENNSYLVANIA TURNPIKE COMMISSION: NEW ISSUE: MOODY'S ASSIGNS A1 TO PTC'S $373 MILLION TURNPIKE REVENUE SENIOR LIEN BONDS, SERIES A OF 2017; STABLE OUTLOOK
09/12/17
12:00 am
Cabot School District 4, AR CABOT SCHOOL DISTRICT NO. 4, AR: NEW ISSUE: MOODY'S ASSIGNS AA2 ENHANCED TO CABOT SCHOOL DISTRICT NO. 4'S, AR $19.5M REFUNDING BONDS
09/12/17
12:00 am
Wentzville R-IV School District , MO WENTZVILLE R-IV SCHOOL DISTRICT, MO: NEW ISSUE - MOODY'S ASSIGNS AA2 UND/AA1 ENH TO WENTZVILLE R-IV SCHOOL DISTRICT'S, MO GOULT SERIES 2017
09/12/17
12:00 am
Atlantic City (City of) NJ ATLANTIC CITY, NJ: NEW ISSUE - MOODY'S ASSIGNS BAA1 ENHANCED TO ATLANTIC CITY, NJ'S $80M GO BONDS
09/12/17
12:00 am
Bracken County School District, KY BRACKEN COUNTY SCHOOL DISTRICT FINANCE CORPORATION, KY: NEW ISSUE - MOODY'S ASSIGNS A1 ENHANCED TO BRACKEN CO. SCHOOL DISTRICT'S, KY LEASE REVENUE BONDS
09/12/17
12:00 am
Hartford (City of) CT HARTFORD (CITY OF) CT: UPDATE - MOODY'S DOWNGRADES HARTFORD, CT'S GO TO CAA1 FROM B2; RATING UNDER REVIEW FOR POSSIBLE DOWNGRADE
09/12/17
12:00 am
Clovis Unified School District, CA CLOVIS UNIFIED SCHOOL DISTRICT, CA : NEW ISSUE - MOODY'S ASSIGNS AA2 TO CLOVIS USD'S (CA) 2017 GO REFUNDING BONDS
09/12/17
12:00 am
Prescott School District, WI PRESCOTT SCHOOL DISTRICT, WI: NEW ISSUE - MOODY'S UPGRADES PRESCOTT SCHOOL DISTRICT, WI'S GO TO AA3
09/12/17
12:00 am
Woburn (City of) MA WOBURN (CITY OF) MA: NEW ISSUE - MOODY'S ASSIGNS AA1 AND MIG 1 TO WOBORN MA'S GO BONDS AND BANS
09/12/17
12:00 am
Moraine Park Technical College District, WI MORAINE PARK TECHNICAL COLLEGE DISTRICT, WI: NEW ISSUE - MOODY'S ASSIGNS AAA TO MORAINE PARK TCD, WI'S GO NOTES
09/12/17
12:00 am
Bartlett (City of) TN BARTLETT (CITY OF), TN: NEW ISSUE - MOODY'S ASSIGNS AA1 TO BARTLETT, TN'S $43.77M GO REF & IMP BONDS, SERIES 2017
09/12/17
12:00 am
Frazier School District, PA FRAZIER SCHOOL DISTRICT, PA: RATING UPDATE: MOODY'S AFFIRMS FRAZIER SCHOOL DISTRICT PA'S BAA3 GO RATING; OUTLOOK IS STABLE
09/11/17
5:18 pm
Lindsborg (City of) KS CITY OF LINDSBORG, KS: ANNUAL COMMENT ON LINDSBORG
09/11/17
4:54 pm
Greene (County of) TN GREENE COUNTY, TN: ANNUAL COMMENT ON GREENE COUNTY
09/11/17
4:53 pm
Johnson City (City of) TN CITY OF JOHNSON CITY, TN: ANNUAL COMMENT ON JOHNSON CITY
09/11/17
4:48 pm
Montague (Town of) MA TOWN OF MONTAGUE, MA: ANNUAL COMMENT ON MONTAGUE
09/11/17
4:15 pm
Colorado Springs (City of) CO CITY OF COLORADO SPRINGS, CO: ANNUAL COMMENT ON COLORADO SPRINGS
09/11/17
4:14 pm
Westport (Town of) MA TOWN OF WESTPORT, MA: ANNUAL COMMENT ON WESTPORT
09/11/17
4:11 pm
Northbridge (Town of) MA TOWN OF NORTHBRIDGE, MA: ANNUAL COMMENT ON NORTHBRIDGE
09/11/17
4:09 pm
Ashburnham (Town of) MA TOWN OF ASHBURNHAM, MA: ANNUAL COMMENT ON ASHBURNHAM
09/11/17
4:01 pm
Andover (Town of) MA TOWN OF ANDOVER, MA: ANNUAL COMMENT ON ANDOVER
09/11/17
3:08 pm
Puerto Rico Electric Power Authority PUERTO RICO ELECTRIC POWER AUTHORITY: HURRICANE IRMA HIGHLIGHTS CHALLENGES FOR PREPA
09/11/17
2:54 pm
Grand Island (Town of) NY TOWN OF GRAND ISLAND, NY: ANNUAL COMMENT ON GRAND ISLAND
09/11/17
2:53 pm
Las Cruces S.D. 2 (Dona Ana County), NM MOODY'S ASSIGNS AA3 UND/AA2 ENH TO LAS CRUCES SD 2, NM'S GO BONDS, SER. 2017A/B; OUTLOOK IS NEGATIVE
09/11/17
2:02 pm
Douglasville-Douglas Cnty Wtr & Sew Auth., GA DOUGLASVILLE-DOUGLAS COUNTY WATER & SEWER AUTHORITY: ANNUAL COMMENT ON DOUGLAS WATER & SEWER
09/11/17
12:58 pm
Butler County U.S.D. 402 (Augusta), KS BUTLER COUNTY UNIFIED SCHOOL DISTRICT 402 (AUGUSTA), KS: ANNUAL COMMENT ON AUGUSTA PUBLIC SCHOOLS
09/11/17
10:57 am
Lenexa (City of) KS CITY OF LENEXA, KS: ANNUAL COMMENT ON LENEXA
09/11/17
10:55 am
St. Marys City School District, OH ST. MARYS CITY SCHOOL DISTRICT, OH: ANNUAL COMMENT ON ST. MARYS CITY SD
09/11/17
10:53 am
Birmingham (City of) AL CITY OF BIRMINGHAM, AL: ANNUAL COMMENT ON BIRMINGHAM
09/11/17
8:09 am
Sunnyvale School District, CA SUNNYVALE ELEMENTARY SCHOOL DISTRICT, CA: ANNUAL COMMENT ON SUNNYVALE ESD
09/11/17
8:07 am
San Rafael City High School District, CA SAN RAFAEL CITY HIGH SCHOOL DISTRICT, CA: ANNUAL COMMENT ON SAN RAFAEL CITY HSD
09/11/17
8:07 am
San Rafael City Elementary School Dist., CA SAN RAFAEL CITY ELEMENTARY SCHOOL DISTRICT, CA: ANNUAL COMMENT ON SAN RAFAEL CITY ESD
09/11/17
7:59 am
Mendota Unified School District, CA MENDOTA UNIFIED SCHOOL DISTRICT, CA: ANNUAL COMMENT ON MENDOTA USD
09/11/17
7:57 am
Live Oak School District, CA LIVE OAK SCHOOL DISTRICT, CA: ANNUAL COMMENT ON LIVE OAK SD
09/11/17
7:55 am
Decatur (City of) AL Water Enterprise CITY OF DECATUR: ANNUAL COMMENT ON DECATUR WATER
09/11/17
7:50 am
Corona-Norco Unified School District, CA CORONA-NORCO UNIFIED SCHOOL DISTRICT, CA: ANNUAL COMMENT ON CORONA-NORCO USD
09/11/17
7:46 am
San Luis Obispo (City of) CA CITY OF SAN LUIS OBISPO, CA: ANNUAL COMMENT ON SAN LUIS OBISPO
09/11/17
7:43 am
Sedgwick County U.S.D. 263 (Mulvane), KS SEDGWICK COUNTY USD 263 (MULVANE), KS: ANNUAL COMMENT ON MULVANE USD
09/11/17
7:41 am
Sedgwick County Unified S.D. 261, KS SEDGWICK COUNTY UNIFIED SCHOOL DISTRICT 261, KS: ANNUAL COMMENT ON SEDGWICK COUNTY USD 261
09/11/17
7:38 am
Marion & Clackamas Cos. S.D. 4J, OR MARION ET AL COUNTIES SD 4J (SILVER FALLS), OR: ANNUAL COMMENT ON SILVER FALLS SD
09/11/17
7:32 am
Nampa (City of) ID CITY OF NAMPA, ID: ANNUAL COMMENT ON NAMPA
09/11/17
7:27 am
Butler County U.S.D. 396 (Douglass), KS BUTLER COUNTY UNIFIED SCHOOL DISTRICT 396 (DOUGLASS), KS: ANNUAL COMMENT ON DOUGLASS USD 396
09/11/17
7:20 am
Azusa (City of) CA CITY OF AZUSA, CA: ANNUAL COMMENT ON AZUSA
09/11/17
12:00 am
Provo (City of) UT PROVO, UT: NEW ISSUE - MOODY'S ASSIGNS AA1 TO PROVO, UT'S GO BONDS
09/11/17
12:00 am
Redondo Beach Unified School District, CA REDONDO BEACH UNIFIED SCHOOL DISTRICT, CA: NEW SALE MOODY'S ASSIGNS AA2 TO REDONDO BEACH UNIFIED SCHOOL DISTRICT, CA'S 2017 GO REFUNDING BONDS
09/11/17
12:00 am
Johnson County Community College, KS JOHNSON COUNTY COMMUNITY COLLEGE, KS: NEW ISSUE: MOODY'S AFFIRMS AAA ON JOHNSON CO. COMM. COLLEGE, KS' GOS AND ASSIGNS AA1 TO SER. 2017 COPS; OUTLOOK STABLE
09/11/17
12:00 am
Chabot-Las Positas Comm. Coll. Dist., CA CHABOT-LAS POSITAS COMMUNITY COLLEGE DISTRICT, CA: NEW ISSUE MOODY'S ASSIGNS AA2 TO CHABOT-LAS POSITAS CCD CA'S ELECTION OF 2016 GENERAL OBLIGATION BONDS SERIES A
09/11/17
12:00 am
Las Cruces S.D. 2 (Dona Ana County), NM LAS CRUCES SCHOOL DISTRICT 2, NM: NEW ISSUE: MOODY'S ASSIGNS AA3 UND/AA2 ENH TO LAS CRUCES SD 2, NM'S GO BONDS, SER. 2017A/B; OUTLOOK IS NEGATIVE
09/11/17
12:00 am
Sarpy (County of) NE SARPY COUNTY, NE: NEW ISSUE - MOODY'S UPGRADES SARPY COUNTY, NE'S GO TO AAA; OUTLOOK STABLE
09/11/17
12:00 am
Temple University Health Sys., PA TEMPLE UNIVERSITY HEALTH SYS., PA: NEW ISSUE - MOODY'S ASSIGNS BA1 TO TEMPLE UNIVERSITY HEALTH SYSTEM'S, PA SER. 2017; OUTLOOK STABLE
09/11/17
12:00 am
New York (City of) NY NEW YORK (CITY OF), NY: NEW ISSUE: MOODY'S ASSIGNS AA2 TO $1.1B OF NYC BONDS, FISCAL 2018 SERIES B AND SERIES 1; OUTLOOK STABLE
09/11/17
12:00 am
Chicago (City of) IL O'Hare Airport Ent. CHICAGO (CITY OF) IL O'HARE AIRPORT ENTERPRISE: UPDATE - MOODY'S AFFIRMS A2 ON CHICAGO IL O'HARE GARB AND PFC BONDS; OUTLOOK IS STABLE
09/11/17
12:00 am
Leflore (County of) MS LEFLORE (COUNTY OF) MS : NEW ISSUE: MOODY'S ASSIGNS A1 TO LEFLORE (COUNTY OF) MS $5M GOULT BONDS, SERIES 2017
09/11/17
12:00 am
Monticello (City of) MN MONTICELLO (CITY OF) MN: NEW ISSUE - MOODY'S ASSIGNS A2 TO CITY OF MONTICELLO, MN'S GO BONDS
09/11/17
12:00 am
Massachusetts Bay Transportation Authority MASSACHUSETTS BAY TRANSPORTATION AUTHORITY : NEW ISSUE - MOODY'S ASSIGNS INITIAL AA3 TO MBTA SUBORDINATED SALES TAX BONDS AND BANS; OUTLOOK STABLE
09/11/17
12:00 am
Self Regional Healthcare, SC SELF REGIONAL HEALTHCARE, SC: NEW ISSUE - MOODY'S ASSIGNS A1 TO SELF REGIONAL HEALTHCARE, SC'S SERIES 2017 BONDS; OUTLOOK STABLE
09/11/17
12:00 am
Ohio (State of) OHIO (STATE OF): NEW ISSUE - MOODY'S ASSIGNS AA1 TO OHIO'S $342M HIGHWAY G.O. BONDS; OUTLOOK STABLE
09/11/17
12:00 am
Baldwin Fire District, NY BALDWIN FIRE DISTRICT, NY : NEW ISSUE - MOODY'S ASSIGNS AA3 TO BALDWIN FIRE DISTRICT, NY'S $1.6M GOS

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.