WASHINGTON -- The Municipal Securities Rulemaking Board said yesterday that it will delay the effective date of its controversial political contributions rule until April 1 and has voted to beef up the rule's disclosure requirements.

"The board previously announced that the prohibitions on business contained in Rule G-37 will arise from contributions made on or after Jan. 1, 1994," the board said in a press release. "The board is concerned, however, that dealers be provided with sufficient notice of the requirements of the rule to implement effective procedures for compliance. Therefore, the Jan. 1, 1994, date will be changed to April 1, 1994."

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