ARTICLE
10 October 2017

MSRB Increases Professional Fee For Municipal Advisor Representatives

CW
Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
The MSRB raised the annual fee charged to municipal advisor firms under MSRB Rule A-11 with respect to each person associated with a municipal advisor who is qualified as a municipal advisor representative.
United States Corporate/Commercial Law
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The MSRB raised the annual fee charged to municipal advisor firms under MSRB Rule A-11 with respect to each person associated with a municipal advisor who is qualified as a municipal advisor representative. The fee will be increased from $300 to $500 per qualified municipal advisor representative.

The rule change is effective immediately, but the first payment under the revised rate will be due on April 30, 2018.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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