WASHINGTON -- Municipal officials may want to coordinate the statements they make to investors about their bond issues to avoid running afoul of the federal antifraud statutes, a top SEC official told bond lawyers yesterday.

"I'm not suggesting [that each issuer have] a single spokesperson. But you might encourage a more coordinated approach," Elisse Walter, deputy director of the Securities and Exchange Commission's division of corporation finance, said at the opening workshop session of the National Association of Board Lawyers' 1994 Washington Seminar.

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