WASHINGTON — The Municipal Securities Rulemaking Board has drafted a new rule, G-45, that would require underwriters or other primary distributors of Section 529 college savings plans to electronically submit detailed information about these plans to the board’s EMMA system on a quarterly basis.

The board has asked market participants to submit comments on the draft rule by Sept. 14.

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.