WASHINGTON -- The Public Securities Association is urging the Securities and Exchange Commission to propose rules requiring issuers to submit secondary market information to Washington and to disclose the political contributions that they get from all segments of the municipal market.

This is the first time the association has called for federal regulation of issuers to address the two increasingly volatile issues. The group made the recommendations in a three-page policy statement prepared by its municipal executive committee that was issued for release today.

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