WASHINGTON -- The Municipal Securities Rulemaking Board has decided to move ahead and develop a program to improve secondary market disclosure, but has not decided exactly what format to use, MSRB Chairman David Hartley said yesterday.

"We are going to do something. The board is absolutely committed to that," Mr. Hartley said in an interview following the board's quarterly meeting late last week in Jackson Hole, Wyo. "But we have no official position" on the "final format," he said.

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