December 31, 2019

NAD Announces New Filing Fees

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NAD announced that that they are making changes to their filing fees, effective January 1, 2020. The new fees will be as follows:

Under $250M: $10,000
National Partner: $25,000
Under $5B: $30,000
Over $5B: $35,000
NARB: $25,000

The first category (under $250 million) is a new one, designed to encourage participation from small businesses and strengthen industry self-regulation.

NAD also announced that there will be process improvements in 2020, including a new online submission process, as well as new tracks for faster resolution of NAD challenges. Stay tuned for more updates.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.