United States:
MSRB Proposes Lowering Underwriting, Transaction And Technology Fees
01 April 2019
Cadwalader, Wickersham & Taft LLP
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The MSRB proposed to amend
MSRB Rule A-13 to temporarily lower the MSRB's
underwriting, transaction and technology fees on assessable
activities that occur between April 1, 2019 and September 30,
2019.
According to the MSRB, the balance of fees across regulated
entities is currently not "fair and equitable." Through
the proposal, the MSRB seeks to find the proper balance in fee
assessments to ensure fiscal sustainability.
The MSRB submitted the proposal for immediate effectiveness.
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