WASHINGTON - The Municipal Securities Rulemaking Board announced yesterday that it has reached a memorandum of understanding with CUSIP Global Services over the use of Cusips on its EMMA system and is now seeking to proceed with the launch of two long-awaited components of the central repository.

In a filing sent to the Securities and Exchange Commission Monday, the MSRB asked the SEC to approve by Friday a June 1 start date for a permanent primary market disclosure system known as access-equals-delivery as well as a pilot continuing disclosure system. It originally had sought a May 11 start date for both systems, but delayed them earlier this month, citing filing and approval delays.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.