Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

For Second Year in a Row, SEC Reduces Filing Fees

Joe Mont | September 2, 2014

The cost of doing business with the Securities and Exchange Commission is going to get a little less expensive. For the second year in a row, the Commission will reduce its filing fees.

The SEC’s first fee advisory for fiscal year 2015, which goes into effect on Oct. 1, is 10 percent lower than last year’s rate, which itself was 6 percent lower than what was assessed for fiscal year 2013. The upcoming rate for filing fees will be set at $116.20 per million dollars.

The SEC collects fees from issuers on the registration of securities,  proxy solicitations and statements in corporate control transactions. By law it is required to adjust these fees, in consultation with the Congressional Budget Office and the Office of Management and Budget, so that they are equal to annual...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.