### Question
How is the term Board defined?


### Answer
The term **Board** is defined in *15 U.S.C. § 78o* as the following:

> the Municipal Securities Rulemaking Board established under subsection (b)(1)

#### Citation:
  - *15 U.S.C. § 78o*
  - Heading: **CHAPTER 2B-SECURITIES EXCHANGES**

