WASHINGTON -- The American Bankers Association yesterday released the final draft of its secondary-market disclosure guidelines for bond trustees, which urges bankers to send market-sensitive information to private repositories now that the future of a central information repository is unclear.

"In light of the recent delay in obtaining Securities and Exchange Commission approval of the Municipal Securities Rulemaking Board's proposed system for secondary-market disclosure, the guidelines recommend use of the private information vendors until a national repository is operational," said Terry McRoberts, chairman of the committee and executive vice president of Security Pacific State Trust Co., in the introduction to the 17-page set of voluntary standards.

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