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

A Seat at the Table
IDC's Kim aims to expand, improve membership

In his new role heading up Independent Directors Council, Thomas Kim plans to focus on the group's core mission while expanding its presence and influence. "As ...