FINRA Eyes Muni Bond Market

Law360, New York (June 30, 2009, 12:00 AM EDT) -- The Financial Industry Regulatory Authority said Tuesday it had launched an initiative to survey practices in the municipal securities market and promote investor protection.

In an announcement, FINRA said it was giving retail investors online tools and information that would help them make informed investment decisions when trading in the municipal bond market. The authority also said it was examining several aspects of the municipal bond market.

"FINRA is taking concerted action to ensure that investors are aware of both the risks and the benefits that...
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