MSRB Rules, France Rural Wireless, Portugal Debt: Compliance

Investors in U.S. floating-rate municipal bonds have more access to information now under rules established after the financial crisis roiled the market three years ago.

The Municipal Securities Rulemaking Board, the industry’s regulator, said that beginning yesterday investors could access its website for information about the bidding at auctions that set the interest rates on the securities. They can also find documents on key credit lines tied to the bonds. The changes will raise transparency to an “unprecedented level,” according to a statement by Lynnette Hotchkiss, executive director of the board.