WASHINGTON -- The Municipal Securities Rulemaking Board has formed a committee to try to improve the dissemination of price information in the municipal bond market and has asked the Public Securities Association to participate.

In response, the PSA announced yesterday it is forming a committee to work with the MSRB, which will be chaired by Stanley Ciemniecki, a Lehman Brothers executive vice president who is head of the PSA's syndicate and trading committee.

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