RESTON, Va. -- An American Bankers Association committee yesterday said it will release a final draft of guidelines for secondary-market disclosure by bond trustees for comment by the end of June and warned trustees that pressure soon will mount for them to use the standards.

"Will there be pressure to disclose information now that we have the guidelines? Hell, yes," said Terry McRoberts, chairman of the association's corporate trust committee, noting that the market's appetite for the information is increasing.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.