The Municipal Securities Rulemaking Board has launched an online toolkit to help investors navigate the municipal market.

According to the MSRB, individual investors own about two-thirds of the $3.7 trillion in outstanding municipal securities, either directly or through mutual funds. The organization's mission is to protect these investors by giving them the information they need to understand the features of municipal bonds and make appropriate decisions.

The investor toolkit includes an investor guide with sections outlining questions to ask when investing in municipal bonds, how to evaluate a municipal bond's risk and what to expect from financial professionals.

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