*Letters

Public Dissemination of Information Regarding Classifications

Published on:
June 19, 2006

The Bond Market Association (TBMA)* provides comments to the National Association of Insurance Commissioners (NAIC) on the public dissemination of information regarding classifications and designations. TBMA requests that the NAIC officially adopt a policy of transparency, meaning immediate distribution of information regarding any of its decisions that might affect the market for securities, including the basis for the decisions, through press release and posting in a visible location on its website.

*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

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