WASHINGTON -- The Municipal Securities Rulemaking Board is scheduled to take its first hard look today at Securities and Exchange Commissioner Richard Roberts's recent proposal that brokers selling risky bonds be required to specify in writing if the securities are suitable for retail customers.

Commissioner Roberts had recommended in a series of speeches beginning in February that the MSRB require brokers selling conduit or nonrated bonds to retail buyers to put in writing at the time of sale why they think their recommendations are suitable.

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