Higher revenues and lower cost will produce a surplus for the regulator in fiscal 2018
The current approach to calculating a minimum fee is unnecessarily complex
The SRO recorded a surplus of $6.6 million in fiscal 2017, according to the latest annual report
For firms regulated under securities law, among others, fees are going up by 0.74%
The new model won’t push fees up as much as initially expected
Annual fees would rise for registered firms and reps
The commission expects to collect $97.4 million in participation fees in fiscal 2016
Participation fees will now track more closely with current business conditions
New fees would recover the cost of IIROC’s new debt market oversight responsibilities
Single reference sets out dealer and marketplace fee models