WASHINGTON - The Securities and Exchange Commission plans to propose a long-awaited rule change next month that would require municipal issuers to file secondary market disclosures with the Municipal Securities Rulemaking Board's new Electronic Municipal Market Access system, or EMMA, SEC chairman Christopher Cox said yesterday.

Cox also said the commission will soon propose rules addressing conflicts of interest and other issues relating to the credit rating agencies that it registers as nationally recognized statistical rating organizations, or NRSROs, so that their ratings can be used by market participants to comply with commission and other rules.

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