WASHINGTON -- The National Association of State Auditors, Comptrollers and Treasurers is launching a study designed to identify the continuing disclosure practices of bond issuers in 10 states, beginning this month with Tennessee and Pennsylvania.

The study, which is being cosponsored by Moody's Investors Service and Fitch Investors Service, is a continuation of a four-state pilot project completed by NASACT earlier this year, said Harvey Eckert, president of the group and deputy secretary for comptroller operations in Pennsylvania.

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