MSRB Files Multi-Year Rate Card for Dealers and Municipal Advisors

MSRB FILES MULTI-YEAR RATE CARD FOR DEALERS AND MUNICIPAL ADVISORS

Washington, D.C. - The Municipal Securities Rulemaking Board (MSRB) today filed its rate card for dealers and municipal advisors with the Securities and Exchange Commission (SEC). The new Multi-Year Rate Card replaces MSRB's Annual Rate Card Model and provides the industry with greater certainty and stability with respect to fees.

"Over the past 18 months we have listened to feedback from our stakeholders and worked to address their concerns regarding our budget, reserves and fees following the suspension of our proposed 2024 rate card," MSRB CEO Mark Kim said. "The new Multi-Year Rate Card provides greater transparency, stability and certainty in fees for regulated entities, resulting in a more predictable, rate-setting model for MSRB. We thank our stakeholders for their engagement and feedback throughout this process"

MSRB has published a page of frequently asked questions (FAQs) about the rate card, including its proposed fee rates. MSRB also encourages stakeholders to review the full filing submitted with the SEC and to submit comments during the SEC's comment period.

Read the FAQs.
Read the SEC Filing.