NASACT Shelves Muni Data Repository Plans; MSRB Goes Full-Speed Ahead


What was shaping up as a close race between two agencies for the role of industry-wide municipal bond data supplier is quickly turning into a rout. After considerable research into the deficiencies of municipal disclosure procedures and data availability, the National Association of State Accountants, Comptrollers and Treasurers (NASACT) has cancelled its preliminary plans to set up a network of municipal bond data repositories. The repositories, tied together via communications links, were

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