Kansas Proposes to Increase Investment Company Filing Fees

The notice fee for filing Form NF, Uniform Investment Company Notice Filing, to make an offering of investment company securities would increase to $750, from $500. Similarly, the notice fee to file Form NF to make an offering of unit investment trust securities would increase to $500, from $200. Also proposed are rules prohibiting securities industry persons from using senior-specific professional designations or certifications to offer or sell securities, or provide advice about them, to senior citizens unless prescribed conditions are met.

The time-period for submitting written comments about the rule proposals ends on April 20, 2009; a public hearing will be held April 22. Send written comments to the Office of the Securities Commissioner, 618 S. Kansas Ave., First Floor, Topeka, Kansas 66603-3804. For further information, please see http://www.securities.state.ks.us/