WASHINGTON -- Nine months after the American Bankers Association published secondary market disclosure guidelines for municipal deals, major trustees meeting in the Washington area this week reported scant interest among issuers in the system.

But bank officials, appearing Monday at an association meeting in Reston, Va., expect issuers to eventually adopt the measures. Therefore, they urged trustees to begin implementing systems now to avoid emergencies later.

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.