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23 March 2020

FINRA Assesses GASB Accounting Support Fee

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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.
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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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