NRD System Fees
NRD system fees are intended to cover the cost of operating and enhancing NRD. All system fees are calculated and collected by the NRD system via Electronic Funds Transfer (EFT).
This page includes information about the following kinds of NRD system fees:
- NRD Submission Fee
- Annual NRD System Fee
Note: Starting October 12, 2013, as per Multilateral Instrument 13-102, NRD system fees are payable to securities regulatory authorities, and consequently these fees are exempt from taxation.
NRD Submission Fee
The NRD system fees is payable upon occurrence of any of the following:
- initial registration;
- registration in an additional jurisdiction; and
- reactivation of registration.
The amount of the system fees is as follows:
- $75 for each Form 33-109F4 submitted for each individual applying for registration or review as a permitted individual in the principal jurisdiction, and
- $20.50 for each Form 33-109F4 submitted for each individual applying for registration or review as a permitted individual in each additional jurisdiction. (This fee was previously $50 in each additional jurisdiction up to a maximum of 5.)
For example, the NRD system fee for an individual applying for registration in three jurisdictions will be $116 (i.e. $75 + [$20.50x2]). For an individual applying for registration in all 13 participating jurisdictions, the NRD system fee will be $321 (i.e. $75 + [$20.5x12]). Regulatory fees are calculated in addition to these amounts.
Annual NRD System Fee
The amount of the annual NRD user fee is as follows:
- $75 for each registrant or permitted individual in the principal jurisdiction and
- $20.50 for each registrant or permitted individual in each additional jurisdiction (This fee was previously $50 in each additional jurisdiction up to a maximum of 5.)
- For a registrant or permitted individual applying for registration in all 13 participating jurisdictions, the annual NRD system fee is capped at $321 (i.e. $75 + $20.5x12)
Annual NRD system fees are due on December 31 of each year as a payment for the following year.

Regulatory Fees
Fees that are legislated for registration activities are also calculated and collected through the NRD system via EFT. They vary across jurisdictions. Please contact your regulator for information on regulatory fees.
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