MSRB Dissent On Muni Data Proposal May Not Matter

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The Municipal Securities Rulemaking Board (MSRB) has registered its unhappiness over a series of Securities and Exchange Commission proposals to increase the financial information which municipal bond dealers must make available to their customers -- but the SEC may go ahead with its plans anyway.

The SEC's proposals -- announced back in March -- would bar broker-dealers from recommending a muni bond unless they have reviewed the most recent information about that bond; such data may end up

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