WASHINGTON-- Municipal bond reforms, including possible legislation requiring registration of conduit bonds with the SEC, will be a priority issue for the House Energy and Commerce Committee's securities panel next year, according to the panel's chairman.

Rep. Edward Markey, D-Mass., said that while the Securities and Exchange Commission and the Municipal Securities Rulemaking Board are "headed in the right direction" in their efforts to imporve bond disclosure and price transparency, the subcommittee will hold hearings next year to examine those efforts and the needs for further reforms.

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