*Letters

Collecting 529 College Savings Plan Data

Published on:
September 14, 2012
Committee:

SIFMA provides comments to the Municipal Securities Rulemaking Board (MSRB) on a draft proposal to collect 529 college savings plan data, draft Rule G-45 and Form G-45, MSRB Notice 2012-40.  SIFMA shares their views on the proposal and urges the MSRB to be mindful of the cumulative costs involved to comply with any new reporting requirements and absent a compelling need for more frequent reporting, adopt a reporting schedule that is more in line with certain Securities and Exchange Commission (SEC) regulatory reporting for mutual funds.

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