Opinion: Consolidation targets municipal bond market

11/15/2006 | Bloomberg

If the NASD and the New York Stock Exchange join forces to create a new self-regulatory organization, the bond market is likely to lose its voice, one writer says. "The time has come to put an end to duplication, conflicts, and the regulatory costs of competing rules that we all live with today," SEC Chairman Christopher Cox said in support of such consolidation efforts during a speech to the Securities Industry and Financial Markets Association.

View Full Article in:

Bloomberg

Published in Brief: