WASHINGTON — Despite a round of aggressive lobbying by non-dealer financial advisers and former Securities and Exchange Commission chairman Arthur Levitt, the municipal market section of the massive financial regulatory bill that Senate Banking Committee chairman Christopher Dodd is expected to release Monday is not likely to be much different than the original draft floated late last year.

The FAs and Levitt have been lobbying the staff of Sen. Bob Corker, R-Tenn., who they urged to impose a fiduciary duty on a broad array of municipal advisers as well as mandate there be an equal number of muni advisers and dealers on the Municipal Securities Rulemaking Board.

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