Senate Banking Committee chairman Christopher Dodd, who said Friday he plans to move forward with a massive financial regulatory reform bill without Republican support, told federal regulators that he wants the bill to include language that would give the Municipal Securities Rulemaking Board oversight of pension fund placement agents.

In a Feb. 2 letter to the Securities and Exchange Commission, the Connecticut Democrat urged the SEC not to impose a blanket ban on pension fund placement agents as called for in an August SEC proposal that aims to limit pay-to-play activities among investment advisers for states and localities.

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