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SEC Rate Advisory for FY 2012

September 2, 2011
The SEC announced that in fiscal year 2012 the fees that public companies and other issuers pay to register their securities with the Commission will be set at $114.60 per million dollars.  Number crunchers in the audience can obtain a copy of the SEC's order, including the calculation methodology, by going to:  [SEC Fees]. Background. This is the annual adjustments to the rates for fees paid under Section 6(b) of the Securities Act of 1933 and Sections 13(e) and 14(g) of the Securities Exchange Act of 1934.  It's based on levels the Commission projects will generate collections equal to annual statutory target amounts.  The statutory target amount for fiscal year 2012 is $425 million.  The annual adjustment to the fee rate under Section 6(b) also sets the annual adjustment to the fee rates under Sections 13(e) and 14(g). For further details, go to:  [SEC PR 11-173, Fee Rate Advisory #2, 8/31/11].