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Why do Buy-side firms pay a lower membership fee than other firms in the rate structure?

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Why do Buy-side firms pay a lower membership fee than other firms in the rate structure?

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FPL is keen to gain stronger representation from the Buy-side on its committees and working groups, so that the needs of this industry sector may be more effectively addressed. To date, participation from the Buy-side has been limited and by offering reduced membership fees, FPL hopes to increase these levels.

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