U.S. Bond Market Needs Better Access, Says SEC’s Walter

Walter cites concerns about fairness, but says SEC won’t impose an equity-market structure on bonds.

The $38 trillion U.S. bond market needs to be improved to allow better access for all investors, said Securities and Exchange Commission member Elisse Walter.

“The more I look at it the more concerns about fairness I have,” she said today at a series of roundtable discussions the agency is holding in Washington on fixed-income markets.

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