[ by Howard Haykin ]

FINRA's loss is MSRB's gain.  

The Municipal Securities Rulemaking Board has a new General Counsel, who currently serves as VP and Associate General Counsel for FINRA, where he's responsible for regulatory policy and rule development.  Gary Goldsholle, in his new role as General Counsel, will oversee the legal activities of the MSRB – including market regulation, professional qualifications, enforcement support and corporate governance. 

“Gary is an outstanding lawyer with substantial knowledge of [SROs] and financial regulation. As General Counsel, Gary will ensure that our legal activities and operations are consistent with all our mission-based activities and as we implement rulemaking, market transparency and outreach initiatives to promote a fair and efficient municipal market." -- Lynnette Kelly, MSRB Executive Director .

Prior to joining FINRA in 1997, Mr. Goldsholle had worked at the CFTC, in its Office of the Chief Counsel, Division of Trading and Markets.  He began his legal career as an associate at Steptoe & Johnson.  Mr. Goldsholle received a bachelor’s degree from Duke and a law degree from the University of Chicago Law.

[MSRB News Release, 9/20/12]