In the Margins

SEC: FINRA can disclose markups in bond prices

November 18, 2016

By Reuters

The Financial Industry Regulatory Authority said the Securities and Exchange Commission has approved a plan that would require brokerage firms to disclose how much they mark up the price of most bonds they sell to retail customers. The SEC also approved a similar plan by the Municipal Securities Rulemaking Board, which regulates municipal advisers and bond dealers. The two controversial plans aim to help the public assess the fairness of prices charged by brokers for corporate and municipal bonds. Read the original story from Reuters.

 

 

Most Read

Top of the Agenda - Industry Groups
MFDF's Susan Wyderko to retire in 2020

Susan Wyderko will retire from her position as president and CEO of Mutual Fund Directors Forum in the fall of 2020. When she steps down next ...

Top of the Agenda - Governance
Fund industry 'pioneer' Dorothy Berry dies

Long-serving independent director Dorothy Berry has died at 75. She was independent chair of Professionally Managed Portfolios and an independent director of PNC Funds who served ...