Regulatory Notice 11-28
FINRA Requests Comment on Amendments to Schedule A of the FINRA By-Laws to Implement an Accounting Support Fee to Fund the Governmental Accounting Standards Board
The Securities and Exchange Commission (SEC) has issued an order requiring FINRA to establish a reasonable annual accounting support fee (GASB Accounting Support Fee) to adequately fund the annual budget of the Governmental Accounting Standards Board (GASB), pursuant to Section 19(g) of the Securities Act of 1933. FINRA requests comment on the proposed amendments to Schedule A of the FINRA By-Laws that would establish this fee, which would be allocated among FINRA member firms based on municipal securities transactions reported to the Municipal Securities Rulemaking Board.
The text of the proposed amendments is in Attachment A to this Notice.
Questions concerning this Notice should be directed to Brant K. Brown, Associate General Counsel, Office of General Counsel, at (202) 728-6927.
|Date||Commenter||Format - Size|
|7/13/2011||Brown & Brown Financial Services, Inc.||PDF - 40.94 KB|
|7/27/2011||NPB Financial Group, LLC||PDF - 41.72 KB|
|7/28/2011||City of Bay City, Michigan||PDF - 15.01 KB|
|7/28/2011||Third Party Marketers Association, Inc.||PDF - 112.04 KB|
|8/2/2011||NAIBD||PDF - 95.02 KB|
|8/1/2011||Bond Dealers of America||PDF - 143.11 KB|
|8/1/2011||NASACT||PDF - 25.96 KB|
|8/1/2011||Roosevelt & Cross||PDF - 19.44 KB|
|8/1/2011||SIFMA||PDF - 202.75 KB|
|8/1/2011||GFOA||PDF - 40.18 KB|
|8/11/2011||Hartfield Titus & Donnelly, LLC||PDF - 2.76 MB|