Exclude Bond Valuation Tools From New Disclosure Regime, Bond Market Association Urges the SEC
June 6, 2003
Wall Street has urged the Securities and Exchange Commission to exclude on-line bond valuation tools from a new disclosure regime. At issue is proposed interpretative material, published in the April 3 Federal Register, that would authorize firms that are members of the National Association of Securities Dealers to offer interactive investment analysis tools, and reports based on them, to their clients.