Proposed Rule

BYLAW 1301. SCHEDULE OF DUES AND ASSESSMENTS.

(e) Forex Dealer Members.

Each Forex Dealer Member shall pay to NFA annual dues in the amount provided under section (b)(ii) of this bylaw plus a surcharge of $14,375 if its gross annual revenue from the activities described in Bylaw 306(a) is $100,000 $500,000 or less, shall pay that amount plus $7,500 a surcharge of $24,375 if its gross annual revenue from those activities is more than $100,000 $500,000 but not more than $2,000,000, a surcharge of $44,375 if its gross annual revenue from those activities is more than $2,000,000 but not more than $5,000,000, and shall pay an additional $5,000 a surcharge of $94,375 if its gross annual revenue from those activities is more than $1,500,000 $5,000,000. These dues replace the dues that would otherwise be payable based on the Forex Dealer Member's registration category.