BDA Submits Letter on MSRB Concept Proposal for Public Disclosure of Financial Incentives

Today, the BDA submitted a comment letter to the MSRB registering concern for a Concept Proposal which would require public disclosure on EMMA of all payments, receipts or potential financial incentives made or received by dealers that may represent conflicts of interest.

Although improved transparency is one of BDA’s most important policy priorities, we question whether this approach will result in additional protections in the municipal markets.

View the full comment letter [here.]

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