The SEC is recommending filing fees related to the new report filing on Form ADV for exempt reporting advisers and Form PF filing for private fund advisers. The filing fee for exempt reporting advisers is expected to be $150 for each initial and annual report on Form ADV. The filing fee for private fund advisers’ Form PF filing is expected to be $150 for each quarterly and annual filing. Both Form ADV report and Form PF filings will be submitted through FINRA’s Investment Adviser Registration Depository system (IARD).
A full text of the SEC notice is available here.