SIFMA, other groups oppose MSRB's proposed fee for muni advisers

SIFMA and other broker-dealer groups have raised concerns about a proposal from the Municipal Securities Rulemaking Board to impose an annual fee on municipal advisers. Michael Decker, managing director and co-head of municipal securities at SIFMA, said "it would not be appropriate or fair for dealer advisers to pay the MSRB twice for the same activities." He urged an exemption for financial advisers. Read the SIFMA news release. SEC Commissioner Elisse Walter will be among the featured speakers at SIFMA's Municipal Bond Summit. Register today.

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