By Cydney Posner
Today the SEC announced that the fee for registration of securities and certain other transactions in fiscal 2014 will be $128.80 per million dollars. Under Dodd-Frank, the annual rate changes must take effect on the first day of each fiscal year. Therefore, effective October 1, 2013, the Section 6(b) fee rate applicable to the registration of securities, the Section 13(e) fee rate applicable to the repurchase of securities and the Section 14(g) fee rate applicable to proxy solicitations and statements in corporate control transactions will decrease from $136.40 per million dollars to $128.80 per million dollars.
Have a good long weekend!