NASD Notice to Members 99-50 - June 1999

SEC Approves Amendments to Corporate Financing Rule Filing Fees

Executive Summary

On May 17, 1999, the Securities and Exchange Commission (SEC) approved amendments to the filing fee provisions of the National Association of Securities Dealers, Inc. (NASD®) applicable to public offerings filed for review with the Corporate Financing Department (Department). The amendments simplify the filing fee provisions and clarify the manner in which the Department calculates filing fees. The amendments provide that filing fees will be calculated based on the proposed maximum aggregate offering price (or other applicable value) of all securities included on a registration statement filed with the SEC or included on another type of offering document if the offering is not registered with the SEC.

 

Questions about this Notice should be directed to Carl Sperapani, Assistant Director, or Suzanne Rothwell, Chief Counsel, Corporate Financing Department, NASD Regulation, Inc. (NASD Regulation®), at (202) 974-2700.