December 2, 1991
TO: STATE SECURITIES MEMBERS NO. 52-91
UNIT INVESTMENT TRUST MEMBERS NO. 61-91
BLUE SKY GUIDE RECIPIENTS
RE: CALIFORNIA RAISES FILING AND REGISTRATION FEES
__________________________________________________________
The California Department of Corporations has issued a new
schedule of fees, effective January 1, 1992. Specifically, fees
for all types of investment company securities registration will
increase. The filing fee will be raised from $100 to $200; in
addition, the annual registration fee will be raised from 1/10 of
1% with a maximum of $1500, to 1/5 of 1% with a maximum of $2500.
Other fees that will be modified are those for broker-
dealer annual assessments and agent transfers. Investment
advisers which heretofore paid $250 for a 2-year registration
term will be required to pay $125 annually.
A copy of the California Department of Corporations Release
No. 15-G is attached.
Susan S. Burgess
Legal Assistant
Attachment