SEC mulls muni bond disclosure changes
The SEC is considering rule changes that would allow investors to access complete financial data about municipal bonds for free on the Internet.
The SEC is considering 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 as the central repository for disclosures by municipal issuers. A related proposal for an MSRB rule change would make those disclosures available to investors on the Internet. Comments were due last month. For additional details, visit sec.gov/rules/proposed/2008/34-58255.pdf and sec.gov/rules/sro/msrb/2008/34-58256.pdf.
Learn more about reprints and licensing for this article.