WASHINGTON - Public finance executives at the three largest underwriters for negotiated transactions are urging the Municipal Securities Rulemaking Board to consider amending its Rule G-37 on political contributions to restrict broker-dealer contributions to campaign committees that urge voters to approve muni bond issues.

The two-paragraph letter, which was sent to the board on Dec. 15, argues that the rule's restrictions on contributions to such ballot campaigns should mirror the restrictions on broker-dealer contributions to issuer officials and should cover banks, municipal finance professionals, and associated political action committees, as well as broker-dealers.

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