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MSRB Temporarily Waives Assessment Fees Relating to MLF

The MSRB filed a proposed rule change to temporarily waive certain fees required under the Municipal Liquidity Facility ("MLF") established by the Federal Reserve Board. The MSRB's rule change was filed for immediate effectiveness to amend MSRB Rule A-13 ("Underwriting and Transaction Assessments for Brokers, Dealers and Municipal Securities Dealers").

The waiver is set to expire on December 31, 2020, which is consistent with the MLF's current expiration date.

Primary Sources

  1. MSRB Notice: MSRB Waives Market Activity Fees for Transactions with the Municipal Market Liquidity Facility

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Tags

Regulated Activities
Regulatory Fees
Regulated Entities
Broker-Dealers
Regulated Products
Municipal Securities
Body of Law
Securities Law
Jurisdiction
US - Federal
Organization
FINRA / MSRB / SEC Exchanges / SIPC / Accountants
Sub-Author
MSRB