WASHINGTON — Broker-dealers are objecting to the Financial Industry Regulatory Authority’s proposal that they pay a quarterly fee, based on their municipal bond sales, to help fund the board that sets accounting standards for state and local governments.

In comment letters filed Monday with FINRA, the Bond Dealers of America and the Securities Industry and Financial Markets Association criticized the self-regulator’s proposed quarterly “accounting support fee,” which would fund the annual budget of the Governmental Accounting Standards Board.

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