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elleng

(130,895 posts)
Fri Jun 20, 2014, 08:13 PM Jun 2014

Mary Jo White of S.E.C. Seeks to Make More Bond Market Data AvailableThe Securities and Exchange Com

The Securities and Exchange Commission is seeking to shine a light on trades in the relatively opaque markets for corporate and municipal bonds.

Mary Jo White, the chairwoman of the S.E.C., said in a speech on Friday that she had asked the agency to look for ways to make information about bond prices more widely available.

The initiative, which would require the public dissemination of price quotes generated in alternative trading systems and other electronic markets, could enhance transparency in a sector of Wall Street where middlemen may now have an advantage over investors, Ms. White said.

Just weeks after unveiling sweeping proposals for the stock market, Ms. White signaled a renewed commitment by the S.E.C. to treat oversight of bond trading as a priority. The agency in 2012 released several recommendations related to municipal bonds, but that report did not produce the changes that many in the market had expected.

http://dealbook.nytimes.com/2014/06/20/s-e-c-chief-seeks-to-enhance-disclosure-in-bond-markets/?hp

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