MSRB: More Than 75% of Firms Met Testing Deadline on Reporting

Hume, Lynn
December 2004
Bond Buyer;12/17/2004, Vol. 350 Issue 32032, p32
Trade Publication
This article reports that according to executive director of Municipal Securities Rulemaking Board, broker-dealers and clearing firms that account for more than 75% of all daily municipal securities trades have met the December 15, 2004 deadline for completing certification testing on the Municipal Securities Rulemaking Board's real time transaction reporting system, which will start operating on January 31, 2005. However, Taylor was not interested in disclosing the exact numbers of the firms that have met the deadline. Taylor simply refused to disclose it.


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