The SEC requested comments on MSRB-proposed amendments to MSRB Rules G-15 and G-30 that would require dealers to provide retail investors with "meaningful and useful pricing information" in order to help them assess the cost of their municipal bonds transactions. The request for comments was published in the Federal Register.
News & Insights
An ISDA-commissioned review of the "empirical academic literature" concluded that single-name credit default swaps ("CDS") have a "positive impact on the supply of credit to many reference entities underlying traded CDS."
In remarks before the FINRA 2016 Fixed Income Conference, SEC Commissioner Michael S. Piwowar described current thinking on bond market liquidity and outlined regulatory developments and challenges in the corporate and municipal bond markets.
The North American Securities Administrators Association issued a guide to assist broker-dealer and investment adviser firms to develop procedures for addressing instances of "diminished capacity" and senior financial exploitation.
The SEC requested comments on a proposal that would require registrants to include hyperlinks to exhibits in their filings, and to submit all filings in Hypertext Markup Language format. The request for comments was published in the Federal Register.