The Bond Market Association (TBMA) announced last week it sent in its comment letter on proposed industry regulations to the Securities and Exchange Commission. The comment letter, dated June 16, comes just a short time after SEC representatives addressed the market at the American Securitization Forum's recent conference, asking for substantive commentary.

Addressed to Jonathan G. Katz, the SEC's secretary, The Bond Market Association addressed the Straight Through Processing (STP) concept. It called for an adoption of industry best practices standards pertaining to automated clearance and settlement transactions performed by institutions.

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