SEC Commissioner Aguilar on Improving Fixed Income Markets (with Lofchie Comment)

SEC Commissioner Luis A. Aguilar delivered remarks at the Roundtable on Fixed Income Markets regarding ways to improve the transparency and efficiency of the fixed income markets, particularly the municipal market.

Lofchie Comment: The speech strongly suggests that we can expect to see not just more rules but also more enforcement actions in the municipal markets.

See: Keeping a Retail Investor Focus in Overseeing the Fixed Income Market (April 16, 2013).For a compilation of recent news items on the regulation of municipal securities, see Current Topics - Munis.