Twelve dealer firms are asking the Municipal Securities Rulemaking Board to adopt further restrictions on bond ballot contributions by broker-dealers, and each of those firms has pledged a two-year moratorium on making any such contributions related to bonds they seek to underwrite.

A July 26 letter to the MSRB signed by the 12 firms asks the board to use the two years to amend its Rule G-37 on political contributions to treat bond ballot contributions more similarly to the restrictions against making political contributions to issuer officials.

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