The Municipal Securities Rulemaking Board's selection process is a closed one that makes it difficult to diversify membership to include women and minorities, a former board member charged.

"I think the crux of the problem is the process itself. It's not an open process," said John M. Gunyou, Minnesota's finance commissioner and a former vice chairman of the MSRB. He was a member of the board from October 1988 until September 1991.

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