On December 12th, the Municipal Securities Rulemaking Board requested comment on a concept proposal to improve investor access to information about new issues of municipal securities. The MSRB is proposing to increase the availability of preliminary official statements for all investors on its Electronic Municipal Market Access website. The proposal would require underwriters to submit preliminary official statements to EMMA by the end of the day the underwriter receives it from a municipal securities issuer. Comments should be submitted on or before February 8, 2013. MSRB Press Release.
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MSRB proposes investor access to preliminary official statements
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