WASHINGTON - A broad-based industry panel Friday urged states to establish central information offices to improve the collection of secondary market disclosure information and to appoint a national advisory board to help them with that task.

The Blue Ribbon Committee on Secondary Market Disclosure was established by the National Association of State Auditors, Comptrollers, and Treasurers in November 1992 in the wake of mounting pressure by regulators for improved secondary market disclosure in the municipal market.

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