The letter states, in part, “As we have expressed in the past, one of the BDA’s most important policy priorities is to improve transparency within the municipal markets and we provide these comments from a platform of tremendous support for any measures that will improve market transparency but, in particular, technological improvements that will provide better market transparency. As with anything, though, costs need to be weighed with benefits and we provide the following comments to assist the MSRB in refining the new central transparency platform to achieve the full benefit of improved market transparency without imposing unnecessary or disproportionate burdens on dealers and other market participants.”
View the full letter [here.]
View the Bond Buyer Article covering the issue [here.]
