US Corporate Bond Price Transparency Rules Go Into Effect on July 1

INDUSTRY EVENTS

NEW YORK--A panel at last week’s Bond Market Association (BMA) annual meeting briefed participants on the Trade Reporting and Compliance Engine (TRACE) initiative that goes live on July 1, 2002.

Under a National Association of Securities Dealers (NASD) rule designed to achieve improved price transparency in the US corporate bond market, the BMA has worked with the regulators and bond market participants to increase the level of public dissemination of trade information.

TRACE will give regul

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