Competitive Market Supervision Act of 2001

[AI summary unavailable — showing source text] Competitive Market Supervision Act of 2001 - Amends the Securities Act of 1933 to: (1) eliminate the general revenue fees on securities for the cost of the securities registration process; (2) set a uniform and higher rate for the offsetting collection fee schedule for FY 2002 through 2006; and (3) set a permanent rate for FY 2007 and thereafter (currently such rates phase out after FY 2006). Amends the Securities Exchange Act of 1934 to revise the filing fees related to the purchase of securities by issuers and to preliminary proxy solicitations to reflect such modified offsetting collection fee schedule. Mandates that fees collected during any fiscal year be deposited and credited as offsetting collections. Replaces the statutory transaction fee formula governing a national securities exchange or national securities association with a transaction offsetting collection rate which is the uniform rate required to reach a specified transaction fee cap for the fiscal year. Prescribes guidelines for fee rate adjustments, including: (1) estimates of collections; (2) a floor for total fee collections; and (3) a cap on total fee collections. Instructs the Securities and Exchange Commissio…