ALAMEDA, Calif. — Every firm in California’s bond underwriting pool will be required to file quarterly reports on its municipal credit default swap activities, Treasurer Bill Lockyer announced Friday, while also urging the imposition of federal and international rules to limit “naked trading” of municipal CDS.

Lockyer Friday released responses from six Wall Street investment banks to follow-up questions the treasurer’s office asked them after an earlier exchange of questions and answers about the municipal CDS market.

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