or reuse restriction. . 203. Data transparency at the Municipal Securities Rulemaking Board (a) In general Section 15B(b) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78o–4(b) ) is amended by adding at the end the following: (8) Data standards (A) Requirement If the Board establishes information systems under paragraph (3), the Board shall adopt data standards for information submitted via such systems. (B) Characteristics The data standards required by subparagraph (A) shall, to the extent practicable— (i) render information fully searchable and machine-readable