This story was reported by John J. Doran, Aaron Pressman, and Sharon R. King in New York; Geoffrey A. Campbell in Washington, D. C; John Racine in Dallas; April Hattori and Karen Pierog in Chicago; Keith DuBay in Denver, and Dennis Walters in Los Angeles. It was written by Doran.

Market participants reacted with a mixture of cynicism, concern, and praise to a proposal by the Municipal Securities Rulemaking Board to ban some political contributions and improve disclosure.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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