The BMA Plans To Develop Its Own CORPX With Partner

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NEW YORK--The Bond Market Association (BMA) has issued a request for proposal (RFP), seeking a strategic partner to develop a price reporting system for the US corporate bond market. The move follows calls by the Securities and Exchange Commission (SEC) for transparency in the corporate bond market; a call that was initially responded to by the National Association of Securities Dealers (NASD) (IMD, Oct. 5).

The deadline for responses to the BMA's RFP has been set for December 30. The associa