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Walter cites concerns about fairness, but says SEC wont impose an equity-market structure on bonds.
Global regulators want rates to be based on observable transactions.
Retailer is said to be seeking ways to split real estate into a new subsidiary that could issue debt.
Companies are on track to continue lump-sum offers this year.
As limited liability ends, tagged financials are still getting a bad rap for errors and comparability.
Measure plays role in instruments ranging from bonds to annuities.