Montana HB137 revises securities registration fees, eliminating distinctions between in-state and out-of-state salespersons or investment adviser.
Montana HB137 revises securities laws by adjusting fees for various securities-related filings and registrations. It eliminates the distinction between in-state and out-of-state salespersons or investment adviser representatives, setting uniform fees for original registration, annual renewal, and transfers. The bill also modifies fees for broker-dealers, investment advisers, and federal covered advisers, and establishes a tiered fee structure for securities registration based on the offering price. The act is effective upon passage and applies to fees paid on or after the effective date.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.