On January 23, 2023, SEC Press Release #2023-15 introduced the following updates to Transaction Fee Rates:
- starting on February 27, 2023, the fee rates applicable to most securities transactions will be set at $8.00 per million dollars;
- the assessment on security futures transactions will remain unchanged at $0.0042 for each round turn transaction.
Consequently, each self-regulatory organization will continue to pay the Commission a rate of $22.90 per million dollars for covered sales occurring on charge dates through February 26, 2023, and a rate of $8.00 per million dollars for covered sales occurring on charge dates on or after February 27, 2023.
For more information on the term “charge date,” please refer to Rule 31(a)(3) and Exchange Act Release No. 49928 at http://www.sec.gov/rules/final/34-49928.htm.
The Commission determined these new rates in accordance with Section 31 of the Securities Exchange Act of 1934.
For more information on Section 31, you can contact:
The SEC Office of Interpretation and Guidance in the Commission’s Division of Trading and Markets: (202) 551-5777, or by e-mail firstname.lastname@example.org.