WASHINGTON - The comptroller of Chicago and an executive with Goldman Sachs & Co; are among five new members who have been elected to three-year terms on the Municipal Securities Rulemaking Board, the board has announced.

Walter K. Knorr, Chicago's comptroller since 1989, and Frederick W. Gaertner, vice president of the investment department for the Chubb Corp. in Warren, N.J., will represent the public, while David C. Clapp, a partner with Goldman Sachs, is the new representative of securities dealers.

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