Funding MunicipalBonds.com
MunicipalBonds.com needs your help to fund necessary upgrades.
The upgrades are needed to actualize "real-time" Muni Market price
transparency.
Way back in 1994, the SEC forced price transparency on the Muni industry.
The agreement was if the Muni industry develop price transparency then Muni
broker/dealers would not have to disclose commission mark-ups and mark-downs
at point-of-sale or on confirmations.
After more than ten years of delay, the Muni industry will finally begin
releasing trade and price data on a "real-time" or 15-minute delay basis.
MunicipalBonds.com needs to make this information available to all
investors.
MunicipalBonds.com has been posting available "next-day" Muni Market trade
and price data since 2000. These efforts have been self-funded. But with
"real-time" we need help, and we need your help now to prepare for the
January 2005 release. Anything you can provide will be appreciated.
For further explanation and questions about the "real time" pricing project,
or if you would just like to talk, please call Kevin Olson,
MunicipalBonds.com at (415)922-7870.
Contributions can be made directly to MunicipalBonds.com or, if you prefer a
501(c)3 for tax purposes, the California Congress of Seniors is acting as
fiscal rep for the "real-time" project. The California Congress of Seniors,
a highly recognized and admired seniors group, recognizes the importance of
price transparency and the furtherance of fair pricing in the Municipal Bond
markets. They can be found at Seniors.org. The contact there is Gary
Passmore.
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