SEC Fee & Market makers.

W

walterjennings

I was looking at the historical levels the SEC fee. Apparently the period of 0.000025~ wasn't too bad compared to some of the rates pre 2005.

I was wondering how market makers function with these fees in place? They took up a large chunk of the rebate when it was at 25$ per mm. Does anyone know if market makers are exempt from the SEC Fee?

Thanks
 
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