SAN FRANCISCO — Industry experts echoed concerns Wednesday about regulatory changes in the municipal bond industry and the possible impact the changes may have in the coming weeks and months.

During a panel on proposed regulatory changes at a workshop hosted by the California Debt and Investment Advisory Commission, Leslie Norwood, managing director and associate general counsel at the Securities Industry and Financial Markets Association, said the speed of the implementation of the Dodd-Frank act has created uncertainties in the new regulation of financial advisers in the municipal bond market.

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