MSRB Floats New Rules For Stronger Muni Markets

Law360, New York (January 30, 2012, 6:53 PM EST) -- The Municipal Securities Rulemaking Board on Monday announced proposed rule changes aimed at providing greater protections for investors and municipal entities, including a rule that would increase requirements on underwriters distributing new bonds to retail investors.

The MSRB’s board of directors held a quarterly meeting in Miami from Jan. 25 to Jan. 27, where it also approved a long-range plan for supporting its market transparency systems and addressed potential conflicts of interest related to municipal securities transactions.

“The MSRB has taken a number of steps in...
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