§ 1-602. Fees
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 70 P.S. SecuritiesEffective: August 11, 2014
Effective: August 11, 2014
70 P.S. § 1-602
§ 1-602. Fees
(ii) Registration statement filings under section 205,1 except as provided in subclause (iv), based upon the maximum aggregate offering price at which such securities are to be offered in this State during the effective period of the registration statement:
(A) less than $10,000,000
$750
(B) $10,000,000 or more
1,000
Plus 1/20 of 1% of the maximum aggregate offering price at which such securities are to be offered in this State during the effective period of the registration up to a maximum filing fee of $3,000.
(iv) In the case of registration statement filings under section 205 or 206 or notice filings under section 2113 by an open-end or closed-end investment company, face amount certificate company or unit investment trust, as such persons are classified in the Investment Company Act of 1940.
Based upon the maximum aggregate offering price at which such securities are to be offered in this State during the effective period of the registration or notice filing, the fee for (A) $4,000,000 or less, 1/20 of 1% with a minimum fee of $350; (B) more than $4,000,000 but less than $100,000,000, $3,000; (C) $100,000,000 or more, $3,500; or (D) for an indefinite amount of securities to be offered in this State during the effective period of registration or notice filing. The amount specified in clause (C) plus a $500 assessment specified in section 602.1(a)(5).4
(vi) When a registration statement or notice of filing made under section 211(a) is withdrawn before the effective date or a pre-effective stop order is entered under section 208,6 the amount that the department shall retain from the filing fee and, if applicable, an assessment imposed under section 602.1(a)(5) shall be:
(A) Under section 205 or a notice filing under section 211(a)
400
(B) Under section 206
250
(vii) Filing a notice on SEC Form D under section 211(b)
525
(A) Where the maximum aggregate offering price at which such securities are offered in this State is less than $1,000,000
150
(B) Where the maximum aggregate offering price at which such securities are offered in this State is $1,000,000 or more
400
(ix) Filing an application for exemption from registration under section 203(t)
500
(x) Filing an application for exemption from registration under section 203(p)
100
(d.1) Every applicant for an initial or renewal license under section 3017 shall pay a filing fee of three hundred fifty dollars ($350) in the case of a broker-dealer, eighty dollars ($80) in the case of an agent, two hundred seventy-five dollars ($275) in the case of an investment adviser and eighty dollars ($80) in the case of an investment adviser representative. The term of an agent's or associated person's registration hereunder shall be concurrent with that of his employer, if a broker-dealer or an investment adviser. When an agent changes employers, an eighty dollar ($80) fee shall be paid. When an investment adviser representative changes employers, an eighty dollar ($80) fee shall be paid. When an application is denied or withdrawn or a registration revoked, the filing fee shall be retained. A federally covered adviser shall pay an annual notice filing fee of three hundred fifty dollars ($350).
(e) The fee for the department's acting as an escrow holder for securities under section 2078 is one hundred dollars ($100).
Credits
1972, Dec. 5, P.L. 1280, No. 284, § 602, added 2004, Nov. 23, P.L. 918, No. 126, § 2, imd. effective. Amended 2014, June 10, P.L. 678, No. 52, § 26, effective in 60 days [Aug. 11, 2014].
Footnotes
70 P.S. § 1-205.
70 P.S. § 1-206.
70 P.S. § 1-211.
70 P.S. § 1-602.1.
70 P.S. § 1-203.
70 P.S. § 1-208.
70 P.S. § 1-301.
70 P.S. § 1-207.
70 P.S. § 1-602, PA ST 70 P.S. § 1-602
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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