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
Regulator proposes a return to fees based on current market conditions
One-time relief on participation fees for small dealers, portfolio managers and reporting issuers
In response to industry complaints, proposed increases for registrants and issuers have been scaled back