The Securities and Exchange Commission is adjusting fees for some transactions as part of its requirement to keep collections stable.
Effective Dec. 21, the fees for the following securities transactions will increase: Section 6(b) fee rate applicable to the registration of securities, the Section 13(e) fee rate applicable to the repurchase of securities and the Section 14(g) fee rate applicable to proxy solicitations and statements in corporate control transactions.
The fees will increase from $55.80 per million to $71.30 per million, thanks to appropriations bill H.R. 3288 signed by President Obama on Dec. 16.
Filers with questions about the new Section 6(b), Section 13(e), or Section 14(g) fee rates should call the SEC at (202) 551-8900.
Effective Jan. 15, 2010, the Section 31 fee rate applicable to securities transactions on the exchanges and over-the-counter markets will decrease from $25.70 per million to $12.70 per million.
The Commission is required to adjust the filing and securities transaction fees on an annual basis under the Investor and Capital Markets Fee Relief Act. The adjusted rates should not affect the amount of funding available to the Commission.