SRO/Jurisdiction Fee and Setting Schedule - Web CRD

1 SRO/Jurisdiction Fee and Setting Schedule - Web CRDFees As Of 7/18/2018 Initial Reg FeeTransfer / Relicense Fee* Renewal FeeRegistration Review MethodDual AG Dual AG/RA S63 RequirementBD Initial Reg FeeBD Renewal FeeIndividual FeesIndividual SettingsBD Fees and SettingsMass Transfer FeeBranch Mass Tran FeeBR Renewal FeeBranch Office FeeForm BR Amd FeeDual BR Office FeeDual BR Renewal Fee:Branch ReqmtMass Transfer Dual AG/RA FeeBranch Mass Tran Dual Fee Alabama70 70 70 AutomaticAffiliates OnlyAlwaysYes250 250 70 0 0 0 0 0 Notice File140 Alaska75 75 75 AutomaticNeverAffiliates OnlyYes250 250 75 75 75 75 75 75 Notice File150 75 Arizona45 45 45 Home StateAffiliates OnlyAlwaysYes300 300 45 0 0 0 0 0 Neither85 0 Arkansas75 75 75 AutomaticAffiliates OnlyAffiliates OnlyYes300 300 75 50 50 50 100 100 Register150 100 California25 25 25 AutomaticAlwaysAlwaysYes300 75 25 0 0 0 0 0 Neither50 0 Colorado18 18 18 AutomaticAlwaysAlwaysNo77 77 0

2 0 Neither Connecticut125 100 125 AutomaticAffiliates OnlyAlwaysYes340 215 75 125 125 0 125 0 200 Register150 250 Delaware65 65 65 AutomaticAlwaysAlwaysYes300 300 65 0 0 0 Neither130 District of Columbia45 45 45 AutomaticAffiliates OnlyAlwaysNo250 250 0 0 Neither Florida50 50 50 AutomaticAlwaysAlwaysNo200 200 100 100 200 200 Notice File Georgia50 30 40 AutomaticAlwaysAlwaysYes250 100 0 0 Neither Hawaii50 50 50 AutomaticAlwaysAlwaysYes200 200 50 0 0 0 0 0 Notice File100 0 Idaho50 50 50 AutomaticAlwaysAlwaysYes200 200 0 0 0 0 Notice File Illinois150 150 150 AutomaticAlwaysAlwaysYes600 600 150 0 20 20 20 20 Notice File300 0 Indiana25 25 25 AutomaticNeverAlwaysYes250 125 25 0 0 0 0 0 Notice File25 0 Iowa40 40 40 AutomaticAffiliates OnlyAlwaysYes200 200 40 0 0 0 Neither70 0 Kansas60 60 60 AutomaticAffiliates OnlyAlwaysYes200 200 60 0 0 0 0 0 Notice File120 0 Kentucky50 50 50 AutomaticAffiliates OnlyAlwaysYes120 120 50 0 0 Neither100 Louisiana60 60 60 AutomaticAffiliates OnlyAlwaysNo250 250 0 0 Neither Maine50 50 25 Home StateAffiliates OnlyAlwaysYes250 250 50 50 50 30 30 50 Register100

3 50 Maryland50 50 50 AutomaticAlwaysAlwaysNo250 250 50 0 0 0 Neither100 0 Massachusetts75 75 75 AutomaticNeverAlwaysYes450 450 75 0 0 0 Neither125 0 Michigan65 65 65 AutomaticAffiliates OnlyAlwaysYes300 300 65 0 0 0 0 0 Neither65 0 Minnesota65 25 65 AutomaticAffiliates OnlyAlwaysYes200 200 0 0 Neither Mississippi50 50 50 AutomaticAlwaysAlwaysYes200 200 0 0 Neither Missouri50 50 50 AutomaticAffiliates OnlyAffiliates OnlyYes200 100 50 0 0 0 Neither50 0 Montana50 50 50 AutomaticAlwaysAlwaysYes200 200 50 0 0 0 Neither100 0 Nebraska40 40 40 AutomaticNeverAlwaysYes250 250 40 0 0 0 Neither80 0 Nevada125 125 125 Automatic^ NeverAlwaysYes300 300 100 100 50 0 Register New Hampshire130 130 100 AutomaticAffiliates OnlyAlwaysYes300 250 25 0 0 0 0 0 Notice File50 0 New Jersey60 60 60 AutomaticAlwaysAlwaysYes300 300 60 0 0 0 Neither60 0 New Mexico50 50 50 AutomaticAffiliates OnlyAlwaysYes300 300 50 0 0 0 0 0 Notice File100 0 New York70 60 37 AutomaticAlwaysYes300 300 30 0 0 0 Neither North Carolina125 125 125 ManualNeverAlwaysYes300 300 125 0 0 Neither North Dakota60 60 60

4 AutomaticAlwaysAlwaysYes200 200 60 0 0 0 Neither110 0 Ohio60 60 60 ManualAffiliates OnlyAlwaysNo200 200 15 0 0 0 0 Notice File30 Oklahoma50 50 50 AutomaticAlwaysAlwaysYes300 300 10 0 0 0 Neither20 0 Oregon60 60 50 AutomaticNeverNeverYes250 250 0 0 Neither Pennsylvania130 130 115 AutomaticNeverAlwaysYes525 525 130 0 0 0 Neither130 0 Puerto Rico150 150 150 AutomaticAffiliates OnlyAffiliates OnlyNo500 500 150 0 0 0 Notice File150 0 Rhode Island75 75 75 AutomaticAffiliates OnlyAffiliates OnlyYes300 300 75 100 100 100 0 Notice File135 Page 1 of 2 Current change(s) in(^ Green)Initial Reg FeeTransfer / Relicense Fee* Renewal FeeRegistration Review MethodDual AG Dual AG/RA S63 RequirementBD Initial Reg FeeBD Renewal FeeIndividual FeesIndividual SettingsBD Fees and SettingsMass Transfer FeeBranch Mass Tran FeeBR Renewal FeeBranch Office FeeForm BR Amd FeeDual BR Office FeeDual BR Renewal Fee.

5 Branch ReqmtMass Transfer Dual AG/RA FeeBranch Mass Tran Dual Fee South Carolina110 110 110 AutomaticAffiliates OnlyAlwaysYes310 310 110 0 0 0 Neither165 0 South Dakota125 125 125 AutomaticAffiliates OnlyAffiliates OnlyYes150 150 125 0 0 0 0 0 Notice File175 0 Tennessee50 50 50 Home StateAlwaysAlwaysYes200 200 50 0 0 0 0 Notice File100 Texas35 35 20 AutomaticAlwaysAlwaysYes75 40 35 25 25 25 25 25 25 Register35 25 Utah60 60 60 AutomaticNeverAlwaysYes200 200 60 0 0 Neither110 Vermont90 90 90 Home StateAffiliates OnlyAlwaysYes300 300 90 120 120 120 240 240 Register170 240 Virgin Islands50 50 50 Home StateAffiliates OnlyAlwaysYes200 200 50 100 100 100 100 100 Register50 100 Virginia40 40 40 AutomaticNeverAlwaysYes200 200 40 0 0 0 Neither80 0 Washington40 25 20 AutomaticAlwaysAlwaysYes150 75 25 0 0 0 0 0 Notice File50 0 West Virginia96 96 78 AutomaticNeverAlwaysYes300 300 96 60 60 60 120 120 Notice File201 120 Wisconsin80 80 80 AutomaticAffiliates OnlyAlwaysYes400 200 80 80 80 80 160 160 Notice File160 160 Wyoming45 45 45 AutomaticAlwaysAlwaysYes200 200 0 0 NeitherBOX0 0 0 SuperAutomatic0 0

6 0 0 0 0 0 0 0 BX0 0 0 SuperAutomatic3000 0 NeitherCBOE0 0 0 SuperAutomatic0 0 NeitherCBOE BYX0 0 0 SuperAutomatic0 2500 0 0 0 0 CBOE BZX0 0 0 SuperAutomatic0 2500 0 0 0 0 CBOE C20 0 0 SuperAutomatic0 0 0 NeitherCBOE EDGA0 0 0 SuperAutomatic0 2500 0 0 0 0 0 0 0 CBOE EDGX0 0 0 SuperAutomatic0 2500 0 0 0 0 0 0 0 CHXS uperAutomatic0 NeitherFINRA100 100 45 Automatic100 75 75 Notice FileIEX0 0 0 0 0 0 0 0 0 ISE0 0 0 SuperAutomatic0 0 NeitherISE GEMX0 0 0 SuperAutomatic0 0 0 0 0 0 0 0 0 ISE MRX0 0 0 SuperAutomatic0 0 0 0 0 0 MIAX Options0 0 0 SuperAutomatic0 0 0 0 0 0 0 0 0 MIAX Pearl0 0 0 SuperAutomatic0 0 0 0 0 0 0 0 0 NQX55 55 0 SuperAutomatic0 3000 0 0 NeitherNYSE0 0 0 SuperAutomatic0 0 RegisterNYSE-AMER0 0 0 SuperAutomatic0 NeitherNYSE-ARCA0 0 0 SuperAutomatic0 NeitherNYSE-NAT0 0 0 SuperAutomatic0 0 0 Neither0 0 PHLX0 0 0 SuperAutomatic0 NeitherFINRA Branch Office fees have a new tiered structure.

7 $75-175 based on number of branches registered by the member. Note: FINRA will continue to waive the Branch Office System Processing Fee and Annual Branch Office Registration Fee for one branch office per FINRA member per year. For more info see FINRA Regulatory Notice 12-32 Individual Registration Termination Fee: FINRA charges a $40 fee for individual registration termination. Individual Registration Review Methods: For Jurisdictions, the review method may be Manual, Automatic, or Home State . o Home State - This is essentially the same as automatic, with the exception that applicants with a residential address in that jurisdiction will be reviewed manually. For SROs, the review method may be Manual, Automatic or SuperAutomatic. o SuperAutomatic - Regardless of whether there is any new or updated disclosure, a SuperAutomatic Setting denotes that if an individual s registration request is non-deficient and is approved by Financial Industry Regulatory Authority, the individual s registration will also be approved by that SRO.

8 With the same conditions, where there is no Financial Industry Regulatory Authority registration request, a non-deficient registration request will systematically approve with that SRO. Dual Registrations: Always = dual registrations are permitted. Never = dual registrations are prohibited. Dual deficiencies will be applied. Please contact the state directly for any exceptions. Affiliates Only = Dual registrations are permitted for employment with affiliated firms. The term affiliate is defined on Form U4 as any firm under common ownership or control. Dual deficiencies will be applied to requests for dual or multiple registrations with firms that are not affiliated. The system will not recognize firms as affiliated unless the filing firm reports the affiliated firm under Question 10A or 10B on the Form BD, or Item 7A(3) on the Form ADV.

9 Dual Branch Office Fee and Dual BR Renewal Fee this fee will apply to branch offices filing as both BD and IA branches. The dual fee will apply in full when filing both sides (BD and IA) simultaneously. Should a branch already be filed as one of the two, the dual fee MINUS the fee already paid will apply. For example, if already filed as a BD branch, and then filing as an IA branch, the fee will be the dual fee minus the BD fee. Page 2 of 2 Current change(s) in(^ Green)