WASHINGTON -- The Public Securities Association this week joined forces with bond analysts in calling on issuers to declare one way or the other in official statements whether they will provide ongoing information to the secondary market.

"It's a step in the right direction for the issuer to at least express his intentions," said David Thompson, chairman of the PSA's municipal securities division, about model language for official statements approved recently by the board of directors of the National Federation of Municipal Analysts.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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