Letters

Proposed Fee Increase for Municipal Issues

Summary

SIFMA, the Government Finance Officers Association (GFOA), and the National Association of Independent Public Finance Advisors (NAIPFA) provide comments to the Depository Trust & Clearing Corporation (DTCC) expressing concerns about a proposed increase in DTCC fees for municipal issues with multiple CUSIPs.  The groups believe the fee proposal is flawed and should be reconsidered or tabled entirely pending discussions with all interested parties, including issuers, underwriters, and financial advisors.

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