Monday, April 30. 2018

SEC Releases Fee Rate Advisory #3 for 2018 Fiscal Year

On April 17, the SEC announced that the fee rates applicable to most securities transactions will be set at $13.00 per million dollars starting on May 22, 2018. The reduction in the fee rate is partly due to the higher dollar amount of covered sales in recent months.


Each SRO will continue to pay the Commission a rate of $23.10 per million for covered sales occurring on charge dates through May 21, 2018, and a rate of $13.00 per million for covered sales occurring on charge dates on or after May 22, 2018.


The assessment on security futures transactions will remain unchanged at $0.0042 for each round turn transaction.


 


Sources

Fee Rate Advisory #3 for Fiscal Year 2018 (sec.gov)


 



Posted by
The Novaworks Team
in SEC at 17:59