WASHINGTON — Municipal securities dealers, their finance professionals, and political action committees will have to disclose most contributions they make to bond ballot election campaigns under Municipal Securities Rulemaking Board rule changes the Securities and Exchange Commission approved Wednesday.

Under the changes to the MSRB’s Rule G-37 on political contributions and Rule G-8 on books and records, firms for the first time would be required to disclose contributions over $250 made to PACs that are formed to raise money for ballot initiatives in states like California where voter approval is required for bond sales. Dealers would be required to keep internal records of contributions of $250 or less.

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