Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Municipal Securities Rulemaking Board | Statement: [United States federal securities markets, selfRegulatoryOrganization, Municipal Securities Rulemaking Board]

Target entity: Municipal Securities Rulemaking Board
Context triple: [United States federal securities markets, selfRegulatoryOrganization, Municipal Securities Rulemaking Board]

• A. National Association of Securities Dealers
  The National Association of Securities Dealers (NASD) was a self-regulatory organization that oversaw U.S. broker-dealers and securities markets before its regulatory functions were consolidated into the Financial Industry Regulatory Authority (FINRA).
• B. North American Securities Administrators Association
  The North American Securities Administrators Association (NASAA) is a voluntary organization of state, provincial, and territorial securities regulators in the United States, Canada, and Mexico that works to protect investors and oversee the securities industry at the local level.
• C. FINRA
  FINRA is a U.S. self-regulatory organization that oversees brokerage firms and exchange markets to protect investors and maintain market integrity.
• D. Securities and Exchange Commission
  The Securities and Exchange Commission is the U.S. federal agency responsible for regulating securities markets, enforcing securities laws, and protecting investors.
• E. National Securities Clearing Corporation Limited
  National Securities Clearing Corporation Limited is the clearing and settlement arm of the Indian capital markets that manages counterparty risk and ensures smooth completion of trades executed on the National Stock Exchange of India.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: Municipal Securities Rulemaking Board
Triple: [United States federal securities markets, selfRegulatoryOrganization, Municipal Securities Rulemaking Board]

The Municipal Securities Rulemaking Board is a U.S. self-regulatory organization that writes investor-protection and market-transparency rules for the municipal bond and related securities markets.

Target entity: Municipal Securities Rulemaking Board
Target entity description: The Municipal Securities Rulemaking Board is a U.S. self-regulatory organization that writes investor-protection and market-transparency rules for the municipal bond and related securities markets.

• A. National Association of Securities Dealers
  The National Association of Securities Dealers (NASD) was a self-regulatory organization that oversaw U.S. broker-dealers and securities markets before its regulatory functions were consolidated into the Financial Industry Regulatory Authority (FINRA).
• B. North American Securities Administrators Association
  The North American Securities Administrators Association (NASAA) is a voluntary organization of state, provincial, and territorial securities regulators in the United States, Canada, and Mexico that works to protect investors and oversee the securities industry at the local level.
• C. FINRA
  FINRA is a U.S. self-regulatory organization that oversees brokerage firms and exchange markets to protect investors and maintain market integrity.
• D. Securities and Exchange Commission
  The Securities and Exchange Commission is the U.S. federal agency responsible for regulating securities markets, enforcing securities laws, and protecting investors.
• E. National Securities Clearing Corporation Limited
  National Securities Clearing Corporation Limited is the clearing and settlement arm of the Indian capital markets that manages counterparty risk and ensures smooth completion of trades executed on the National Stock Exchange of India.
• F. None of above. chosen