Please Note: All fees are nonrefundable
Firms and Individuals |
|
Registration and Renewal Fees |
|
| Broker-dealer firm--FINRA and non-FINRA | $300.00 |
| State registered investment adviser | $300.00 |
| Federally covered investment adviser- notice filing fee | $300.00 |
| Broker-dealer agents | $120.00 |
| Issuer agents | $120.00 |
| Investment adviser representatives | $80.00 |
Branch Office Fees |
|
Initial and Renewal |
|
| Registration and Renewal of broker-dealer branch office | $120.00 |
| Notice filing and Renewal of investment adviser branch office | $120.00 |
|
*please review specific filing requirements for branch offices when branch is both a broker-dealer branch and investment adviser branch |
|
Transfer Fees |
|
| Broker-dealer agent mass transfer fee | $120.00 |
| Investment adviser representative mass transfer fee | $80.00 |
| Branch office transfer fee- broker-dealer | $120.00 |
| Branch office transfer fee - investment adviser | $80.00 |
All Securities |
|
| Investment Company (Unit Investment Trusts, Open and Closed-End Mutual Funds) Initial Notice Filings | $2,000/share class |
| Investment Company (Unit Investment Trusts, Open and Closed-End Mutual Funds) Renewal Notice Filings | $1,650/share class |
| Regulation D, Rule 506 Initial and Renewal Notice Filings | $600 |
| Regulation A, Tier II Initial and Renewal Notice Filings | $600 |
| All Securities Registrations (By coordination and qualification) and Renewals | $600 |
| Vermont Small Business Offering (Intrastate Exemption) | $200 |
| Vermont Small Business Offering (Interstate Registration) | $600 |
| Request for Exemption from Registration | $200 |
Interpretive Opinions and No Action Determinations |
|
| Fee applies to each request for an interpretive opinion or no-action determination | N/A |
Contact
Vermont Department of Financial Regulation
Securities Division
89 Main Street
Montpelier, VT 05620-3101
Questions concerning a registration or the registration process may be directed to 802-828-3420 or dfr.securitiesinfo@vermont.gov.