WASHINGTON — The Securities and Exchange Commission has formally notified the four existing nationally recognized municipal securities information repositories and the Central Post Office that it is revoking their so-called no-action letters as of midnight June 30.

The move is part of a long-planned, closely choreographed transition to making the Municipal Securities Rulemaking Board, through its EMMA site, the sole repository for continuing disclosures beginning July 1. It comes after the commission approved changes to its Rule 15c2-12 on disclosure in December that essentially replace the four existing NRMSIRs and CPO with EMMA.

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