Regulatory Alerts2021-11-10
FS.R.6.1 – Amount of Income for Chapter 6 Not to Apply
The regulator issued rule FS.R.6.1 to exempt qualifying firms from the standard Amount of Income calculation under Chapter 6. This provision clarifies that eligible entities do not need to apply the prescribed income threshold when determining their regulatory status or fees. The updated guidance, last revised in November 2024, ensures consistent application of income-based assessments across the regulated sector.
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