August 21, 1991
TO: STATE SECURITIES MEMBERS NO. 37-91
UNIT INVESTMENT TRUST MEMBERS NO. 36-91
RE: ALASKA REGULATIONS ADOPT NEW FEE STRUCTURE
__________________________________________________________
Earlier this year, H.B. 210 amending the Alaska Securities
Act was passed which provided that fees related to registration
would be established by rule. The Institute has just received
the attached rules which have been promulgated by the Department
of Commerce and Economic Development in Alaska, effective
September 8, 1991.
The rules increase the amount of fees required for the
registration of securities. The filing fee will increase from
$50 to $100; the registration fee will remain at 1/10 of 1% of
the aggregate offering price as before, but will double the
minimum and maximum fees to $100 and $3000. Additionally, the
annual fee for broker-dealer registration will increase from $125
to $200 and for agents and investment advisers from $50 to $75.
A copy of the notice and rules are attached.
Susan S. Burgess
Legal Assistant
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