Extra fees didn't do much to alter behaviour, the SRO found
Fees will be reviewed after markets stabilize and the outcomes of the Capital Markets Modernization Taskforce are known
Late fees incurred between April 17 and June 1 will be waived
SRO fees are being pushed back for small and mid-size firms, which represent 90% of investment dealers
The trade group warns that small dealers may be in peril from the pandemic
But the industry trade group is calling on the regulator to keep fees in check
Regulator is making changes to the initial model to ease the transition for certain sectors
Higher fees secure funding needed for effective market oversight and investor protection, commission says
The SRO has made significant progress in achieving the priorities laid out in our three-year strategic plan
The proposed fee changes will be used to fund increased enforcement and meet growing regulatory obligations