SIFMA Expresses Concerns Regarding a Proposed Fee Increase for Municipal Issues

SIFMA, the Government Finance Officers Association (GFOA), and the National Association of Independent Public Finance Advisors (NAIPFA) submitted the attached comments to the Depository Trust Clearing Corporation (DTCC) expressing concerns about a proposed increase in fees for municipal issues with multiple CUSIPs. The letter states that the fee proposal is flawed and urges the DTCC to reconsider the proposal pending discussions with all interested parties.

See: SIFMA and Other Associations Submit Comments to the DTCC on a Proposed Fee Increase for Municipal Issues (links externally to SIFMA website).