CmaBylaw
Executive Bylaws
5-2-2 Fees and Commissions Of Module Seven: Clients’ Funds and Clients’ Assets
Section: Chapter Five: Securities Investment Portfolios Rules
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Sunday, 05 February 2017
When calculating fees and commissions due to a Licensed Person for managing a Investment Portfolio, he shall consider the following: 1. He shall not take any fee for establishing an Investment Portfolio. 2. Fees and commissions for Investment Portfolio shall be reasonable and shall be consistent with the nature of the services provided to the Client. 3. The Client shall be made aware of the method of calculating commissions and fees for all services to be provided, including any the incentive bonus related to the profits achieved by the Client, and how these fees and commissions shall be paid.
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