Skip to main content
Find a Lawyer

Pennsylvania Statutes Title 70 P.S. Securities § 1-602. Fees

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) The department shall charge and collect the fees fixed in this section and remit them to the General Fund.

(b) (Reserved).

(b.1) Filing fees for sales of securities:

(i) (Reserved).

(ii) Registration statement filings under section 205,  1 except as provided in subclause (iv), based upon the maximum aggregate offering price at which such securities are to be offered in this State during the effective period of the registration statement:

(A) less than $10,000,000$750

(B) $10,000,000 or more 1,000

(iii) Registration statement filings under section 206,  2 except as provided in subclause (iv) 500

Plus 1/20 of 1% of the maximum aggregate offering price at which such securities are to be offered in this State during the effective period of the registration up to a maximum filing fee of $3,000.

(iv) In the case of registration statement filings under section 205 or 206 or notice filings under section 211  3 by an open-end or closed-end investment company, face amount certificate company or unit investment trust, as such persons are classified in the Investment Company Act of 1940.

Based upon the maximum aggregate offering price at which such securities are to be offered in this State during the effective period of the registration or notice filing, the fee for (A) $4,000,000 or less, 1/20 of 1% with a minimum fee of $350; (B) more than $4,000,000 but less than $100,000,000, $3,000; (C) $100,000,000 or more, $3,500; or (D) for an indefinite amount of securities to be offered in this State during the effective period of registration or notice filing. The amount specified in clause (C) plus a $500 assessment specified in section 602.1(a)(5). 4

(v) Exemption filings under section 203(o)  5 shall be: 350

(vi) When a registration statement or notice of filing made under section 211(a) is withdrawn before the effective date or a pre-effective stop order is entered under section 208,  6 the amount that the department shall retain from the filing fee and, if applicable, an assessment imposed under section 602.1(a)(5) shall be:

(A) Under section 205 or a notice filing under section 211(a) 400

(B) Under section 206 250

(vii) Filing a notice on SEC Form D under section 211(b) 525

(viii) Filing an application for exemption from registration under section 203(d) or (s):

(A) Where the maximum aggregate offering price at which such securities are offered in this State is less than $1,000,000 150

(B) Where the maximum aggregate offering price at which such securities are offered in this State is $1,000,000 or more 400

(ix) Filing an application for exemption from registration under section 203(t) 500

(x) Filing an application for exemption from registration under section 203(p) 100

(b.2) There shall be no refund of any filing fee specified in subsection (b.1)(vii) through (x).

(c) (Reserved).

(d) (Reserved).

(d.1) Every applicant for an initial or renewal license under section 301  7 shall pay a filing fee of three hundred fifty dollars ($350) in the case of a broker-dealer, eighty dollars ($80) in the case of an agent, two hundred seventy-five dollars ($275) in the case of an investment adviser and eighty dollars ($80) in the case of an investment adviser representative. The term of an agent's or associated person's registration hereunder shall be concurrent with that of his employer, if a broker-dealer or an investment adviser. When an agent changes employers, an eighty dollar ($80) fee shall be paid. When an investment adviser representative changes employers, an eighty dollar ($80) fee shall be paid. When an application is denied or withdrawn or a registration revoked, the filing fee shall be retained. A federally covered adviser shall pay an annual notice filing fee of three hundred fifty dollars ($350).

(e) The fee for the department's acting as an escrow holder for securities under section 207  8 is one hundred dollars ($100).

(f) The department may fix by regulation a reasonable charge for any publication issued under its authority.

(g) The department may fix by regulation reasonable charges for the cost of administering examinations required for registration under this act by section 301.

1 70 P.S. § 1-205.
2 70 P.S. § 1-206.
3 70 P.S. § 1-211.
4 70 P.S. § 1-602.1.
5 70 P.S. § 1-203.
6 70 P.S. § 1-208.
7 70 P.S. § 1-301.
8 70 P.S. § 1-207.
Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Pennsylvania Statutes Title 70 P.S. Securities § 1-602. Fees - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-70-ps-securities/pa-st-sect-70-1-602/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard