FIF Submits Letter to FINRA on Reconciliation of Regulation Transaction Fee

On October 13, FIF submitted a letter to FINRA requesting enhancements to the report currently provided by FINRA to facilitate broker-dealer reconciliation of the FINRA Regulatory Transaction Fee (RTF). FINRA charges the RTF to reimburse FINRA for the Section 31 fees that FINRA pays to the SEC. FIF would like to thank the members of the Section 31 subgroup for their contributions in the drafting of this letter.