WASHINGTON - The Municipal Securities Rulemaking Board yesterday asked the Securities and Exchange Commission to approve changes to EMMA that would allow issuers to voluntarily file non-required financial or operating data as well as event-based disclosures, including rating agency presentations and communications from the Internal Revenue Service.

The MSRB would like to begin accepting these voluntary filings on July 1, when changes to the SEC's Rule 15c2-12 on disclosure go into effect that will make the MSRB the sole nationally recognized municipal securities information repository, or NRMSIR, for muni bond-related disclosures. The SEC is expected to seek public comments on the proposal before deciding whether to approve it.

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