WASHINGTON -- The Securities and Exchange Commission will probably propose a rule soon that would require municipal dealers to disclose price markups in so-called "riskless principal transactions," commissioner Richard Roberts was expected to say in a speech this morning.

The SEC also may propose that dealers disclose on investor confirmations whether the bonds they are trading are rated, and it may strongly encourage the Municipal Securities Rulemaking Board to strengthen its rule that governs how syndicate members are selected, Roberts was scheduled to say at a closed-door seminar sponsored by CS First Boston in Orlando.

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