The Autorité des marchés financiers announced that a 15% fee reduction will cease at the end of February.

The AMF said that since March 1, 2003, securities issuers, dealers and advisers have benefited from a 15% reduction of its fees. This fee reduction will end on February 28, it announced.

The fee reduction was a response to the wishes expressed by industry representatives that securities issuers, dealers and advisers recover a portion of the surpluses they generated during the fiscal years prior to 2003, the regulator said.

Effective March 1, issuers, dealers and advisers who file documents will no longer benefit from the 15% fee reduction.