PSA Backs Better Muni Price Access For Individual Investors


A Public Securities Association task force is looking to improve dissemination of municipal bond prices to individual investors. The move signals the ascendance of individual investors as the dominant buy-side force in the sluggish municipal bond market.

Individual investors began to emerge as key players in the municipal bond market after tax reform made munis a less attractive investment for commercial banks. Now, pending tax changes could similarly curb muni trading by insurance companies

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