The Securities and Exchange Commission should consider requiring municipal bond issuers to file periodic financial reports with the Municipal Securities Rulemaking Board's central repository, the MSRB's executive director said yesterday.

"We need a market where analysts are ~analyzing' information, not ~searching' for it," said Christopher Taylor, who outlined his views in a keynote address at The Bond Buyer's All-American Municipal Conference in New York City and in an interview following the speech.

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