Regulatory Alerts2020-05-29
Added · Updated
Securities Industry (Fees)(Amendment) Rules, 2020
The Securities Commission of The Bahamas amends the Schedule to the Securities Industry (Fees) Rules to introduce new fee structures for Contracts for Differences (CFD) entities. Registered CFD firms are required to pay a quarterly activity fee of $45,000.00 in addition to their annual renewal fee, unless exempted or reduced by the Commission. Additionally, a specific fee of $5,000.00 is established for the CFD Supervisory Officer role.
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