*Letters

Electronic Dissemination of 529 College Savings Plan Disclosure Documents

Published on:
April 2, 2012
Committee:

SIFMA provides comments to the Municipal Securities Rulemaking Board (MSRB) on and MSRB Concept Proposal for Electronic Dissemination of 529 College Savings Plans Disclosure Documents, MSRB Notice 2012-10.  SIFMA supports the MSRB’s concept proposal to permit the dissemination of 529 College Savings Plan disclosure documents electronically, as it does for other municipal securities, by brokers, dealers, and municipal securities dealers serving as primary distributors.  SIFMA notes that MSRB’s Electronic Municipal Market Access System (EMMA) has been extremely beneficial to investors and other market participants to have market data and primary and secondary market disclosures freely available in a single location, and could serve as a platform for 529 plan disclosures.

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