SEC fee changes

Originally posted by bro59
I'm not even sure what the current rate is, maybe 1/300 of 1%, applied only to sells.
More...
The fee is a penny per $300. Sells only.

It was that rate for a long time, although I didn't know it dropped recently, only to go back up in April!
 
good for them. I think the SEC does a great job. i'm glad they're out there protecting people like you and me.

ps - can you say "government mafia??" i knew you could.
 
Per the SEC website:
http://www.sec.gov/news/press/2002-57.htm

"In addition, effective Oct. 1, 2002, or 30 days after the date on which the Commission receives its fiscal 2003 regular appropriation, whichever date comes later, the Section 31 fee rate applicable to securities transactions on the exchanges and Nasdaq will be reduced to $25.20 per million from the current rate of $30.10 per million."
 
You must log in or register to reply here.
Back
Top