Enforcement agents also play an important role in generating licensing and fee revenues.

But it was a larger slice of a much smaller pie, and fee revenue fell a third from a year earlier.

The fee revenue goes to companies that operate the electricity grid, to make up the cost difference between renewable energy and coal-fired power.

Oh wait, that wouldn't generate much fee revenue... my bad.

And fee revenue, which is the area in which the company has the greatest hopes for growth, was $55 million, up 66 percent.

A spokesman attributed the increase to improved net interest income, additional fee revenues and new electronic banking services.

As a result, the program relies exclusively on fee revenue.

And fee revenue, largely fees related to Internet access, rose 31 percent.

The brokerage also reported a 13 percent increase in its asset management and custodial fee revenues.

In 2010, approximately 24.11% of fee revenues were distributed to associated members.