Section 978 of The Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 mandated that the Government Accountability Office study the role of the Governmental Accounting Standards Board (“GASB”) in the municipal securities markets. The study addresses the following key questions: (i) what are key stakeholder views on the role and relevance of GASB in the municipal securities markets?; and (ii) what is the manner and the level at which GASB has been funded?