GLEIF CEO Addresses Concern About Muni Bond Registration
Savings and efficiency rather than regulatory mandates will promote identifier adoption, Wolf says
A debate has emerged over what will be needed to get the municipal bond and underwriting units of firms to apply for legal entity identifiers (LEIs).
During a discussion on LEIs at the North American Financial Information Summit (NAFIS) in New York on May 18, Scott Preiss, managing director and global head of CUSIP Global Services, said a regulatory mandate would be necessary.
But Stephan Wolf, CEO of the Global LEI Foundation (GLEIF), which oversees the issue of LEIs, says the "tangible
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