Title 808 | Chapter 010 | Regulation 400
808 KAR 10:400.Examination fees and criteria.
Section 1.
Investment Adviser. The fee for an examination of an investment adviser shall be:(1)
Seventy-five (75) dollars for an investment adviser with assets under management of one (1) million dollars or less;(2)
$150 for an investment adviser with assets under management of more than one (1) million dollars but not more than five (5) million dollars;(3)
$250 for an investment adviser with assets under management of more than five (5) million dollars but not more than ten (10) million dollars;(4)
$300 for an investment adviser with assets under management of more than ten (10) million dollars but not more than twenty (20) million dollars;(5)
$350 for an investment adviser with assets under management of more than twenty (20) million dollars but not more than thirty (30) million dollars;(6)
$450 for an investment adviser with assets under management of more than thirty (30) million dollars but not more than forty-five (45) million dollars;(7)
$550 for an investment adviser with assets under management of more than forty-five (45) million dollars but not more than sixty (60) million dollars;(8)
$650 for an investment adviser with assets under management of more than sixty (60) million dollars but not more than seventy-five (75) million dollars; and(9)
$750 for an investment adviser with assets under management of more than seventy-five (75) million dollars.Section 2.
Broker-Dealer and Issuers. The fee for an examination of a broker-dealer or a firm employing issuer agents shall be thirty-five (35) dollars per working hour with the total fee not to exceed $1,000. A fee shall not be charged for training hours on an examination.Section 3.
Application of Industry Standards to Examination Criteria. When not in conflict with Kentucky law, a Department of Financial Institution examiner shall apply the recordkeeping, supervisory, and conduct rules promulgated by:(1)
The Securities and Exchange Commission pursuant to 15 U.S.C. 78w; or(2)
If the broker-dealer is a member of a self-regulatory organization as defined in 15 U.S.C. 78c(a)(26), the self-regulatory organization pursuant to 15 U.S.C. 78s(b).HISTORY: (26 Ky.R. 668; Am. 1008; eff. 11-15-1999; 38 Ky.R.1667; 1858; eff. 6-1-2012; Crt eff. 2-27-2020.)
808 KAR 10:400.Examination fees and criteria.
Section 1.
Investment Adviser. The fee for an examination of an investment adviser shall be:(1)
Seventy-five (75) dollars for an investment adviser with assets under management of one (1) million dollars or less;(2)
$150 for an investment adviser with assets under management of more than one (1) million dollars but not more than five (5) million dollars;(3)
$250 for an investment adviser with assets under management of more than five (5) million dollars but not more than ten (10) million dollars;(4)
$300 for an investment adviser with assets under management of more than ten (10) million dollars but not more than twenty (20) million dollars;(5)
$350 for an investment adviser with assets under management of more than twenty (20) million dollars but not more than thirty (30) million dollars;(6)
$450 for an investment adviser with assets under management of more than thirty (30) million dollars but not more than forty-five (45) million dollars;(7)
$550 for an investment adviser with assets under management of more than forty-five (45) million dollars but not more than sixty (60) million dollars;(8)
$650 for an investment adviser with assets under management of more than sixty (60) million dollars but not more than seventy-five (75) million dollars; and(9)
$750 for an investment adviser with assets under management of more than seventy-five (75) million dollars.Section 2.
Broker-Dealer and Issuers. The fee for an examination of a broker-dealer or a firm employing issuer agents shall be thirty-five (35) dollars per working hour with the total fee not to exceed $1,000. A fee shall not be charged for training hours on an examination.Section 3.
Application of Industry Standards to Examination Criteria. When not in conflict with Kentucky law, a Department of Financial Institution examiner shall apply the recordkeeping, supervisory, and conduct rules promulgated by:(1)
The Securities and Exchange Commission pursuant to 15 U.S.C. 78w; or(2)
If the broker-dealer is a member of a self-regulatory organization as defined in 15 U.S.C. 78c(a)(26), the self-regulatory organization pursuant to 15 U.S.C. 78s(b).HISTORY: (26 Ky.R. 668; Am. 1008; eff. 11-15-1999; 38 Ky.R.1667; 1858; eff. 6-1-2012; Crt eff. 2-27-2020.)