The Municipal Securities Rulemaking Board announced yesterday that on May 11 it will make several technical enhancements to its short-term obligation rate transparency, or SHORT, system for auction-rate securities and variable-rate demand obligations,.

The changes include a "pre-population" feature for SHORT's Web-based submission process, which will allow users to submit ARS auction results or information about a VRDO interest rate reset using data elements from a prior submission, so that the data that does not change does not have to be re-keyed, the board said in a statement.

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