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SEC floats muni bond disclosure changes

The SEC is seeking public comment on proposed rule changes that would allow investors to access complete financial data about municipal bonds for free on the Internet.

The SEC is seeking public comment on proposed rule changes that would allow investors to access complete financial data about municipal bonds for free on the Internet. The changes would designate the Municipal Securities Rulemaking Board of Alexandria, Va., as the central repository for disclosures by municipal issuers. A related MSRB proposed rule change would make those disclosures available to investors on the Internet. For additional details and information on submitting comment by Sept. 22, visit sec.gov/rules/proposed/2008/34-58255.pdf and sec.gov/rules/sro/msrb/2008/34-58256.pdf.

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