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.
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.