SEC Announces Fee-Rate Hikes

The Securities and Exchange Commission Aug. 31 announced increases in the fee rates for registering securities and other matters.

In a release the agency noted that it is required by statute annually to adjust the rates for fees paid under 1933 Securities Act Section 6(b) and 1934 Securities Exchange Act Sections 13(e) and 14(g). Specifically, the commission must set rates for the fees paid under Section 6(b) to levels that it projects will generate collections equal to annual statutory target amounts—$455 million for fiscal year 2013. “The annual adjustment to the fee rate under Section 6(b) also sets ...