The MSRB raised the annual fee charged to municipal advisor firms under MSRB Rule A-11 with respect to each person associated with a municipal advisor who is qualified as a municipal advisor representative. The fee will be increased from $300 to $500 per qualified municipal advisor representative.

The rule change is effective immediately, but the first payment under the revised rate will be due on April 30, 2018.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.