SEC user-fee bill to be proposed again

03/14/2013 | InvestmentNews (free registration)

Rep. Maxine Waters, D-Calif., says she will introduce a bill within days that would give the Securities and Exchange Commission authority to impose user fees to cover the cost of examining investment advisers. The measure is identical to one Waters introduced last year; it failed to make it to a vote in the House Financial Services Committee before the congressional session ended in December.

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