MSRB Web 'Hub', Italy Short-Sales, Bank Domain Names: Compliance
20.05.12
(Updates with EU bank capital rules and China ‘green’ lending rules in Compliance Policy, Bats and AIJ in Compliance Action, 3 Degrees in Courts and Barnier in Interviews.)
Feb. 24 (Bloomberg) -- The Municipal Securities Rulemaking Board published a plan that would enhance its free website to create a “central public dissemination hub” for the $3.7 trillion tax-exempt bond market.
The plan is based on feedback from investors, municipal issuers and regulatory organizations about improving transparency, according to a statement yesterday. The Electronic Municipal Market Access website provides market data and disclosures from borrowers to the public at no cost.
Proposed enhancements include free user accounts, more information, improved search functionality and a new real-time central transparency platform, according to the MSRB.
The MSRB previously announced parts of the plan, according to the release.
Source: BusinessWeek