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U.S. Congressman to Propose Rules for Muni Bonds, WSJ Reports

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April 13 (Bloomberg) -- U.S. Congressman Patrick McHenry, a Republican from North Carolina, plans to propose legislation to make municipal-bond issuers subject to financial-disclosure regulations set by the Securities and Exchange Commission, the Wall Street Journal reported, citing the lawmaker.

The municipal-bond issuers would be required to comply with Government Accounting Standards Board guidelines, McHenry told the WSJ.

Story link: {NSN LJLR786S972U<GO>}

To contact the editor responsible for this story: Greg Chang at

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