The Regional Bond Dealers Association is pressing for a two-month delay in the start-up of the Municipal Securities Rulemaking Board system's Short-Term Obligation Rate Transparency System to give broker-dealers more time to test and implement the system.

RBDA made the plea in a brief letter sent yesterday to the Securities and Exchange Commission, which must approve the start-up date for the SHORT system.

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.