Fee Rate Advisory #1 for Fiscal Year 2011
FOR IMMEDIATE RELEASE
|(Figures in millions)||FY 2011|
|Statutory Collections Targets for Fees Under Section 6(b) of the Securities Act of 1933||$394|
|Statutory Collections Targets for Fees Under Section 31 of the Securities Exchange Act of 1934||$1,321|
Effective Oct. 1, 2010, or five days after the date on which the Commission receives its fiscal year 2011 regular appropriation, whichever date comes later, the 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 rates applicable to proxy solicitations and statements in corporate control transactions will increase from $71.30 per million dollars to $116.10 per million dollars. The Section 6(b) rate is also the rate used to calculate the fees payable with the Annual Notice of Securities Sold Pursuant to Rule 24f-2 under the Investment Company Act of 1940.
In addition, effective Oct. 1, 2010, or 30 days after the date on which the Commission receives its fiscal year 2011 regular appropriation, whichever date comes later, the Section 31 fee rate applicable to securities transactions on the exchanges and certain over-the-counter markets will increase from $16.90 per million dollars to $19.20 per million dollars. The assessment on security futures transactions under Section 31(d) will remain unchanged at $0.0042 for each round turn transaction.
The Office of Interpretation and Guidance in the SEC's Division of Trading and Markets is available for questions on Section 31 at (202) 551-5777 or firstname.lastname@example.org.
The Commission will issue further notices as appropriate to keep the public informed of developments relating to the effective dates of the fee rates under Section 6(b), Section 13(e), Section 14(g), and Section 31. These notices will be posted on the SEC website at www.sec.gov.
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