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Washington - Securities Law
DTCC Delays Action on Fee Hike, Pending Talks
by: Jonathan Hemmerdinger
Thursday, January 10, 2013
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The Depository Trust & Clearing Corp. has postponed action on a plan to increase fees for municipal securities with multiple CUSIPs pending discussions with municipal market groups, said a DTCC spokesperson.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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