Sec Fees, GOOD NEWS

[777]

Securities and Exchange Commission (SEC) Adjustment to Section 31a
Fee Rate

The SEC announced on February 16, 2007, that fees for securities
transactions and registrations will be reduced significantly.
Effective March 17, 2007, the Section 31 transaction fee rate will
decrease from $30.70 to $15.30 per million.

 

[traderpro]

Great news do a search this has been posted before.

 

[Casey30]

Quote from 777:

Securities and Exchange Commission (SEC) Adjustment to Section 31a
Fee Rate

The SEC announced on February 16, 2007, that fees for securities
transactions and registrations will be reduced significantly.
Effective March 17, 2007, the Section 31 transaction fee rate will
decrease from $30.70 to $15.30 per million.

Thanks, I didn't see the prior post, appreciate the info.

 

[trading_time]

so what does this apply to, futures, stocks ?

 

[goodfellow]

Why are they lowering it?

 

[seasideheights]

Quote from 777:

Securities and Exchange Commission (SEC) Adjustment to Section 31a
Fee Rate

The SEC announced on February 16, 2007, that fees for securities
transactions and registrations will be reduced significantly.
Effective March 17, 2007, the Section 31 transaction fee rate will
decrease from $30.70 to $15.30 per million.

Thanks for posting that. I didn't see the prior post either. Good news.