SB1975 amends the Illinois Securities Law of 1953 to adjust fees for securities registration and related activities.
SB1975 amends the Illinois Securities Law of 1953 by adjusting fees for various securities registration activities. It sets specific fees for the registration and renewal of dealers, Internet portals, investment advisers, and salespersons. Additionally, it establishes fees for investment fund shares, face amount certificate contracts, and other securities. The bill also mandates that additional fees collected by the Secretary of State be deposited into the Secretary of State Special Services Fund. The changes aim to ensure the efficient administration of securities regulation in Illinois.
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