MSRB seeks SEC approval for 529 performance reporting rule

The Municipal Securities Rulemaking Board has filed with the SEC a proposal that would require dealers to include on any advertisement containing 529 performance data a telephone number or website where an investor can obtain performance data for the most recent month-end. This information would not be required if the total return quotation in the advertisement is current to the most recent month ended seven business days prior to any use of the advertisement. This change to Rule G-21 would become effective December 1, 2005.
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