The MSRB will temporarily reduce underwriting, transaction and technology fees for dealers under MSRB Rule A-13 (Underwriting and Transaction Assessments for Brokers, Dealers and Municipal Securities Dealers) in order to (i) "provide short-term limited relief to dealers" and (ii) "reduce excess MSRB reserves."
The reduced rates will apply to qualifying activity that occurs between October 1, 2018 and December 31, 2018 and will revert back to current levels effective January 1, 2019.
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