WASHINGTON -- The Securities and Exchange Commission has adopted a reasonable and fair package of secondary market disclosure requirements for the municipal bond market.

While some of the requirements are far less onerous than those proposed last March, they are still tough and appear to have enough teeth to force issuers, underwriters, and bond counsel to supply information that investors badly need.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.