Topeka, Kan. – Kansas Insurance Commissioner Vicki Schmidt, today, announced that fees for securities registrants will be waived for fiscal year 2026, beginning July 1. Implementing this moratorium will yield an estimated reduction of fees by $9 million, which the Department was set to collect from new and existing registrants.

“This moratorium continues the work I have done to lower the cost of doing business and right-size government,” said Schmidt. “When Kansans have more money in their pockets they can reinvest in Kansas, which helps us all.”

The Department has drastically reduced the majority of fees payable under the Kansas Uniform Securities Act (KUSA), including a complete moratorium in fiscal years 2022 and 2023 as well as a 50 percent reduction in fiscal years 2024 and 2025. These include the registration fees of broker-dealer firms, broker-dealer agents, investment adviser firms, investment adviser representatives, and other entities. Including FY 2026, reductions and moratoriums over the past five years will yield an estimated cumulative savings of $57 million for industry.

For any questions about securities fees please contact KDOI@ks.gov.

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