CUSIP Improvements requested by MunicipalBonds.com

MunicipalBonds.com announces today it has made contact and has had discussions with the CUSIP Board of Trustees requesting that CUSIP identification details and procedures as they pertain to Municipal Bonds be fine tuned for the benefit of Municipal Bond investors. There has been much discussion in the Municipal Bond industry on where to place or how to use CUSIP numbers. MunicipalBonds.com supports these efforts, but suggests that a fundamental improvement of the CUSIP identifier, as it pertains to Municipal Bonds, has always been and is still very necessary.

In addition to an overall study and review, MunicipalBonds.com has submitted two specific ideas to the CUSIP Board of Trustees:

1) In order to specifically identify a Municipal Bond, include and pre-attach the widely-known and accepted two-letter State identifier as part of the CUSIP character.

Clearly, because of both taxation and investment strategies, the identification needs for Municipal Bonds investors fundamentally begin with what State of boundry the Issuer exists. We need to make things easier for the investor. The inclusion of the generally accepted two letter State identifiers would make the CUSIP and isssue immediately and categorically identifiable.

Note: Issuers within two or more State boundaries can be handled with new but similar State/State two-letter identifiers.

2) With the State of origin clarified, it is next critical that description standards be set and or radically improved.

MunicipalBonds.com has offered ideas and is happy to work with the CUSIP Board of Trustees on how to improve the listed/abbreviated descriptions of Municipal Bonds.

MunicipalBonds.com provides advocacy and representation for Municipal Bond investors by developing the primary goals of "fair disclosure" of Municipal Bond and Issuer continuing information, as well as the introducing and developing the idea of "fair pricing" in the Municipal Bond markets.

Contact: Kevin Olson
Company: MunicipalBonds.com
Phone: 415-922-7870
Email: Kevin@MunicipalBonds.com
URL: http://www.municipalbonds.com