FINRA Proposes to Increase Qualification Examination Fees (Fed. Reg.)

The FINRA proposal to amend Section 4(c) of Schedule A to the FINRA By-Laws by increasing qualification examination fees was published in the Federal Register and is effective immediately.

According to FINRA, its most recent review of the examination fee structure revealed that certain operational costs have risen, and that, based on current information, the costs will continue to rise over the next few years, prompting an increase in the fees for qualification exams.

Although the proposal is effective immediately, comments may be submitted until April 20, 2015.

See: 80 FR 16713.Related news: FINRA Proposes Increase of Qualification Examination Fees (March 10, 2015).