Federal Register: SEC Requests Comments on MSRB-Proposed Markup Disclosure Requirement for Municipal Securities Transactions
The SEC requested comments on MSRB-proposed amendments to MSRB Rules G-15 and G-30 that would require dealers to provide retail investors with "meaningful and useful pricing information" to help them assess the cost of their municipal bonds transactions. The request for comments was published in the Federal Register.
Comments on the proposed amendments must be submitted by October 4, 2016.
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The MSRB proposed a rule change that would require dealers to disclose to retail investors the dollar value and percentage of compensation to customers, as well as references to trade price data about the bonds.
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