There are a few smaller broker-dealers left who may handle an offering as small as $10 million, but they charge ten percent, plus options, reimbursements and other items that bring the fee up to the maximum fifteen percent permitted under securities industry rules. [FINRA Rule 5110, http://finra.complinet.com/en/display/display.html?rbid=2403&record_id=13339&element_id=6831&highlight=underwriting+