ATLANTA -- TenneSsee local government officials joined with municipal bond industry representatives in Nashville last Tuesday to begin considering whether a statewide repository should be established to help issuers comply with the federal government's new disclosure guidelines.

The five-member group was chosen earlier this year by state Comptroller William R. Snodgrass. Snodgrass acted after the state legislature in March charged the state's funding board, of which he is a member, with the task of setting up state rules in response to pending market disclosure regulations from the Securities and Exchange Commission.

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