SIFMA applauds MSRB's proposed revision to political-contribution rules

10/20/2009 | Bond Buyer (subscription required), The

The Municipal Securities Rulemaking Board announced that it will propose a revision to its Rule G-37, which relates to political contributions. The change would require disclosure of contributions to bond ballot election campaigns by municipal securities dealers, muni professionals and political action committees. SIFMA strongly supports the disclosure proposal. Leslie Norwood, managing director and associate general counsel at SIFMA, said eliminating any perception of impropriety is critical.

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