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, according to a DTCC spokesperson.

The announcement comes three months after the Securities Industry and Financial Markets Association, the National Association of Independent Public Finance Advisors and the Government Finance Officers Association urged DTCC in a letter to meet with underwriters, muni advisors and issuers before implementing a plan that would boost some issuers’ fees by five-fold.

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