WASHINGTON -- Issuers, dealers, and information vendors continued calling for wide-ranging revisions to the Securities and Exchange Commission's municipal bond disclosure measures yesterday as comments on the proposals poured into the agency over the weekend.

Cities said they oppose a "quick-fix approach" to improving disclosure and urged the SEC to conduct a more careful analysis before mandating any changes. Public power and other bond issuers said that the commission's definition of key terms such as "significant obligor" and its outline of those issuers that are exempt from the rule are too rigid. Information vendors urged regulators to limit the number of national repositories designated to serve as the electronic hub of the system.

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