WASHINGTON — The Securities and Exchange Commission will kick off its much-awaited series of hearings on the municipal market this month, holding the first on Tuesday, Sept. 21, in San Francisco.

The hearing will be one of at least five, with others to be held in Chicago, Washington, D.C., Tallahassee, and Austin, according to the SEC’s announcement. They will be followed by a staff report summarizing the lessons learned and making possible recommendations for regulatory and legislative changes, as well as the best practices that market participants could adopt, the agency said.

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