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
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