Washington - The Securities and Exchange Commission will launch an initiative shortly to get bond lawyers, regional municipal dealers, issuers, and other market players to follow the lead of major underwriters and voluntarily restrict political contributions, an SEC source said yesterday.

"We are sending letters out shortly to trade associations and others inviting them to look at what the firms did and see how they can sign onto the [same] principles," said the source, who was close to negotiations between officials of the SEC and Wall Street that led to last week's historic agreement.

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