United States:
FINRA Assesses GASB Accounting Support Fee
23 March 2020
Cadwalader, Wickersham & Taft LLP
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FINRA notified members that it will assess and
collect an accounting support fee of $10,022,000 to fund the
current annual budget of the Governmental Accounting Standards
Board. Beginning in April 2020, the assessments will be collected
quarterly ($2,505,500 per calendar quarter) from member firms that
report trades to the MSRB.
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