FINRA Information Notice: Extension of Current Rate for Fees Paid under Section 31 of the Exchange Act

Since October 1, the SEC has been operating under a continuing resolution for fiscal year 2013. As such, FINRA has announced that the Exchange Act Section 31 rate applicable to specified securities transactions on the exchanges and in the OTC market will remain at $22.40 per million dollars until the SEC's regular fiscal budget is approved and firms are advised of the final date for implementing any rate change.

Click here to view notice in full (links externally to FINRA website).