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SEC weighs 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 MSRB proposed rule change would make those disclosures available to investors on the Internet. Comments were due in September. For additional details, visit sec.gov/rules/proposed/2008/34-58255.pdf and sec.gov/rules/sro/msrb/2008/34-58256.pdf.

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