WASHINGTON - The Municipal Securities Rulemaking Board is proposing that most municipal bond issues be required to obtain Cusip numbers - a move that could help ease the market into shorter settlement cycles but stymie some small dealers who want to keep certain deals under wraps.

The MSRB also warned that it may begin reporting to enforcement agencies the names of firms that fail to obtain Cusip numbers required by board rules.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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