1. (a) Registration and notice filing fees. Information about registration and notice filing fees for original and renewal applications for dealer, agents, officers, or partners of a securities dealer is available on the Agency's web site located at www.ssb.state.tx.us or by contacting an office of the State Securities Board.

2. (b) Reduced fees for certain person registered in multiple capacities.

   1. (1) In general. A person may request reduced fees under paragraph (2) of this subsection, provided they are registered or are seeking registration in Texas:

      1. (A) as either an agent of a securities dealer or as a sole proprietor securities dealer; and
      2. (B) as either an investment adviser representative of an investment adviser that has less than five investment adviser representatives or as a sole proprietor investment adviser with less than five investment adviser representatives.
   2. (2) Procedure. Persons meeting the requirements of paragraph (1) of this subsection may request reduced registration fees by filing Form 133.36, Request for Reduced Fees for Certain Persons Registered in Multiple Capacities. Form 133.36 must be filed at the time the original application for investment adviser representative or sole proprietor investment adviser registration is filed, or at least 30 days before the person's existing investment adviser representative or sole proprietor investment adviser registration will expire. On review of Form 133.36, the Securities Commissioner may, in his or her discretion, grant or deny the request for reduced fees or direct the person to supply additional information.
   3. (3) Reduced fees. If the Securities Commissioner grants a person's request, the person must pay all applicable fees for securities agent or dealer registration as specified in the Texas Securities Act, §§35.A(2), 35.A(4), 35.A(5), and 41(a), but is exempt from the fees specified in the Texas Securities Act, §41(a), in connection with original and renewal applications for investment adviser representative or sole proprietor investment adviser registration, as applicable at the time Form 133.36 is filed. The reduction in fees granted by the Securities Commissioner under this subsection shall continue in force, without any further filings, as long as a person remains registered in a multiple capacity status.

3. (c) Fees for concurrent registrations. Notwithstanding Texas Securities Act, §§35 and 41, a person shall pay only one fee required under those sections to engage in business in this state concurrently for the same person or company as:

   1. (1) a dealer and an investment adviser; or
   2. (2) an agent and an investment adviser representative.

Source Note:The provisions of this §115.8 adopted to be effective August 12, 2001, 26 TexReg 5794; amended to be effective November 26, 2001, 26 TexReg 9581; amended to be effective February 24, 2004, 29 TexReg 1643.