Bond Buyer: Six weeks on, industry adjusting to markup disclosure

5 months ago  •  By  •  0 Comments

WASHINGTON – Vendors and dealers say they are making continuous adjustments to the systems they put in place to comply with markup disclosure requirements, and are seeing increased interest in the analysis and possible wider use of prevailing market price calculations.

Municipal Securities Rulemaking Board rule amendments, which will require dealers to disclose their markups and markdowns in retail transactions, are set to become effective on May 14 and vendors are now optimistic that they have products available that will help dealers comply with the rules.

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