By Jay Fishman, J.D.
Hawaii has reduced certain securities fees by 50% to the following amounts. The reduced amounts are in effect from January 1, 2009 through December 31, 2009. On January 1, 2010, the original (and higher) fees will be reinstated. NOTE:
The fee for Rule 505 and 506 offerings under federal Regulation D remains at $100.
Reduced fee amounts:
- Dealer application, 100; renewal, $100
- Investment adviser application, $50; renewal $50
- Salesperson application, $25; renewal $25
- Investment adviser representative application, $25; renewal $25
- Investment company securities initial filing, $100; renewal filing $25
For additional information, please see press release 9-1 at
http://www.hawaii.gov/dcca/areas/sec