The Capital Markets (Licensing Requirements) (General) Regulations
27. Payment of transaction and Investor Compensation Fund fees
27. Payment of transaction and Investor Compensation Fund fees
All stockbrokers and dealers shall pay to the Authority and to the securities exchange of which they are trading participants the fees prescribed as payable by every buyer and seller of a security and shall pay to the Investor Compensation Fund the fees prescribed as payable by each buying and selling stockbroker, or dealer within fifteen days following a transaction.[L.N. 88/2012, r. 17.]Source: Kenya Law