United States:
Federal Register: MSRB Raises Professional Fee for Municipal Advisors
09 October 2019
Cadwalader, Wickersham & Taft LLP
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An MSRB-proposed rule change to increase the professional fee
for municipal advisors was published in the Federal Register. Comments
must be submitted on or before October 21, 2019.
As previously covered, the assessment fee charged
under MSRB Rule A-11 for each municipal advisor
professional would increase from $500 to $1,000 over a two-year
period. The change is immediately effective; however, the first
amended payments are not due until April 30, 2020.
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.
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