SEC Issues Fourth Fee Rate Advisory for FY 2014

The SEC issued fee rate advisory #4 for fiscal year 2014, determining that a mid-year adjustment to the Exchange Act Section 31 ("Transaction Fees") fee rate is not required. The Section 31 fee rate will remain at the current rate of $17.40 per million through March 17, 2014.

As previously announced, the rate will change to $22.10 per million starting March 18, 2014. This rate will remain in place until September 30, 2014, or 60 days after the enactment of a regular FY 2015 appropriation, whichever is later. The Section 31 assessment on round turn transactions in security futures also will remain at $0.0042 per transaction.

See: SEC Press Release.Related news: SEC Announces Transaction Fee Rates for Fiscal Year 2014 (February 13, 2014); SEC Releases Second Fee Rate Advisory for FY 2014 (October 31, 2013); SEC Publishes Annual Adjustments to Registration Fee Rates for FY 2014 (Fed. Reg.) (September 6, 2013).