WASHINGTON — The Depository Trust Co. has more than doubled some of the fees it collects from municipal issuers for new bond transactions, drawing anger from issuers who are vowing to fight the increases.

The Government Finance Officers Association is urging the Securities and Exchange Commission to reverse the little-noticed fee increases, which were proposed Dec. 21 and automatically took effect on Monday without SEC input.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.