The Municipal Securities Rulemaking Board, at its quarterly meeting next week, will consider market participants’ concerns about proposals to require underwriters to disclose preliminary official statements on EMMA and to more toward a more real-time trade reporting regime.

The board also will consider a proposal to create a new rule consolidating interpretative guidance for sophisticated municipal market professionals. The three-day meeting, to be held April 24-26 at the MSRB’s Alexandria, Va. headquarters, will allow the board to also consider comments it’s received from market participants on its overall rules and interpretive guidance as well as a proposal to create a new Rule G-47 that would codify current guidance on dealers’ obligations to disclosure material information about munis to customers at or before the purchase or sale.

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