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Dec 15 2008 - Dec 14 2014Dec 15 2014 onwards

13900. Fees Due When a Claim Is Filed

(a) Fees for Claims Filed by Associated Persons
(1) Associated persons who file a claim, counterclaim, cross claim or third party claim must pay a filing fee in the amount indicated in the schedule below. The Director may defer payment of all or part of the filing fee on a showing of financial hardship. If payment of the fee is not deferred, failure to pay the required amount will result in a deficiency under Rule 13307.
Filing Fees for Claims Filed by Associated Persons

Amount of Claim
(exclusive of interest
and expenses)
Filing Fee
$.01 to $1,000 $50
$1,000.01 to $2,500 $75
$2,500.01 to $5,000 $175
$5,000.01 to $10,000 $325
$10,000.01 to $25,000 $425
$25,000.01 to $50,000 $600
$50,000.01 to $100,000 $975
$100,000.01 to $500,000 $1,425
$500,000.01 to $1,000,000 $1,725
$1,000,000.01 to $5,000,000 $2,000
Over $5,000,000 $2,250
Non-Monetary/Not Specified $1,575
(2) If the claim does not request or specify money damages, the Director may determine that the filing fee should be more or less than the amount specified in the schedule above, but in any event, the amount of the filing fee may not be less than $50 or more than $2,250.
(b) Fees for Claims Filed by Members
(1) Members filing a claim, counterclaim, cross claim, or third party claim must pay a filing fee in the amount indicated in the schedule below. Failure to pay the required amount will result in a deficiency under Rule 13307.
Fees for Claims Filed by Members

Amount of Claim
(exclusive of interest
and expenses)
Filing Fee
$.01 to $1,000 $225
$1,000.01 to $2,500 $350
$2,500.01 to $5,000 $525
$5,000.01 to $10,000 $750
$10,000.01 to $25,000 $1,050
$25,000.01 to $50,000 $1,450
$50,000.01 to $100,000 $1,750
$100,000.01 to $500,000 $2,125
$500,000.01 to $1,000,000 $2,550
$1,000,000.01 to $5,000,000 $3,400
Over $5,000,000 $4,000
Non-Monetary/Not Specified $1,700
(2) If the claim does not request or specify money damages, the Director may determine that the filing fee should be more or less than the amount specified in the schedule above, but in any event, the filing fee may not be less than $225 or more than $4,000.
(c) Partial Refund of Filing Fee
(1) If a claim is settled or withdrawn more than 10 days before the date that the hearing on the merits under Rule 13600 is scheduled to begin, a party paying a filing fee will receive a partial refund of the filing fee in the amount indicated in the schedule below, less any other fees or costs assessed against the party under the Code, including any hearing session fees assessed under Rule 13902. No refund will be paid if FINRA receives notice that a claim is settled or withdrawn within 10 days of the date that the hearing on the merits under Rule 13600 is scheduled to begin.
Partial Refund for Settlement or Withdrawal More Than 10 Days Before Hearing on the Merits

Amount of Claim
(exclusive of interest
and expenses)
Refund
$.01 to $1,000 $25
$1,000.01 to $2,500 $50
$2,500.01 to $5,000 $125
$5,000.01 to $10,000 $250
$10,000.01 to $25,000 $300
$25,000.01 to $50,000 $450
$50,000.01 to $100,000 $750
$100,000.01 to $500,000 $1,125
$500,000.01 to $1,000,000 $1,300
$1,000,000.01 to $5,000,000 $1,400
Over $5,000,000 $1,500
Non-Monetary/Not specified $1,200
(2) If the claim does not request or specify money damages, and the Director determines that the hearing session fee should be a different amount than the amount specified in the schedule in Rule 13902, the amount of the refund will be the amount of the hearing session fee determined by the Director, less any fees or costs assessed against the party under the Code, including any hearing session fees assessed under Rule 13902.
(d) Reimbursement of Filing Fees
In the award, the panel may order a party to reimburse another party for all or part of any filing fee paid.
Amended by SR-FINRA-2014-026 eff. Dec. 15, 2014.
Amended by SR-FINRA-2008-021 eff. Dec. 15, 2008.
Adopted by SR-NASD-2004-011 eff. April 16, 2007.

Selected Notice: 07-07, 08-57, 14-49.

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