Securities

EXAMINATION REQUIREMENTS & COMMON FEES

Examination Requirements  |  Common Fees

Examination Requirements

Dealers
Salesperson:
http://www.ilga.gov/commission/jcar/admincode/014/014001300H08320R.html

Designated Principal:
http://www.ilga.gov/commission/jcar/admincode/014/014001300H08220R.html

Investment Advisers
Representative:
http://www.ilga.gov/commission/jcar/admincode/014/014001300H08430R.html

Designated Principal (applies only to State registered advisers):
http://www.ilga.gov/commission/jcar/admincode/014/014001300H08420R.html

NOTE: All examinations are scheduled through the WebCRD system and the examination fee list is available on the FINRA website located at: http://www.finra.org/RegulatorySystems/CRD/FilingGuidance/p005237

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Common Fees

Business Broker
Filing or Renewal Fee: $200 (plus $50 for each person who is engaged in business brokering on behalf of the business brokerage firm in excess of 2)

Business Opportunity
Filing or Renewal Fee: $300

Dealer
Filing or Renewal Fee: $600

Dealer Branch Office
Filing or Renewal Fee: $20

Federal Covered Investment Adviser
Filing or Renewal Fee: $400

Federal Regulation D Exemption Filings
Regulation D – Rule 504
Filing or Renewal Fee: $100

Regulation D – Rule 505
Filing or Renewal Fee: $200

Regulation D – Rule 506
Filing or Renewal Fee: $100

Designated Principal Of An Investment Adviser (applies only to state registered advisers)
Filing or Renewal Fee: $150

Investment Adviser
Filing or Renewal Fee: $400

Investment Adviser Branch Office (applies to state registered advisers, only)
Filing or Renewal Fee: $20

Investment Adviser Representative
Filing or Renewal Fee: $150

Investment Fund Shares (Open End)**
Filing or Renewal Fee: $1,800 plus $180 per portfolio, series or class that underlies the Fund.

Investment Fund Shares (UIT and Closed End)**
Filing or Renewal Fee: $500-$2,500*

Issuer Agent (for securities registration or mutual fund notification)
Filing or Renewal Fee: $150

Loan Broker
Filing Fee: $360
Renewal Fee: $350

Salesperson Of A Dealer
Filing or Renewal Fee: $150

Securities – Coordination Filing (5.A)
General Filing or Renewal Fee: $500-$2,500*
Filing or Renewal Fee for Shelf Offerings: $500-$6,000*
Filing or Renewal Fee for Series Issuers: $500-$3,000*

Securities – Qualification Filing (5.B)
Examination Fee: $300
General Filing or Renewal Fee: $500-$2,500*
Filing or Renewal Fee for Shelf Offerings: $500-$6,000*
Filing or Renewal Fee for Series Issuers: $500-$3,000*

Securities – Regulation A Filing
Filing/Examination Fee: $400

Securities – Scor Filing
Filing/Examination Fee: $400

* 1/20th of 1% of the maximum aggregate price, as defined in Section 130.251 of the Rules, but not less than the specified minimum nor more than the specified maximum.

** A flat $100 amendment fee for any business structure change, name change or portfolio/series/class addition.

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