WASHINGTON -- The SEC is investigating numerous issues associated with the tax-exempt bond market, including political contributions, consultant fees, conflicts of interest and disclosures about tax matters, an SEC official told bond lawyers meeting here yesterday.

The Securities and Exchange Commission also expects to begin examining sales practices in the tax-exempt bond market, Gary Sundick, associate director of the SEC's division of enforcement, said during a panel discussion at the National Association of Bond Lawyers meeting.

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