WASHINGTON - Four months after members of the House Financial Services Committee introduced four pieces of municipal bond-related legislation, only two are expected to move forward this fall and the other two are likely to languish.

One of the bills expected to move through the House would require rating agencies to rate municipal and other securities similarly - only on the likelihood of timely repayment to creditors. The other would impose a fiduciary standard on all municipal financial advisers and require them to register with the Securities and Exchange Commission.

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