Securities and Exchange Commission Section 31 Fee Rate Update



March 13, 2006
 
NASD would like to notify its members that the Securities and Exchange Commission (SEC or Commission) has issued Fee Rate Advisory #6 for Fiscal Year 2006. The Commission has determined that a mid-year adjustment to the Section 31 fee rate for fiscal year 2006 is not required. As a result, the Section 31 fee rate for fiscal 2006 will remain at the current rate of $30.70 per million.

 

Further, the Commission will announce the new fee rates for fiscal year 2007 no later than April 30, 2006. These fee rates will become effective October 1, 2006, or 30 days after the date on which a regular appropriation to the Commission for fiscal year 2007 is enacted, whichever date comes later. The Commission will issue further notices as appropriate. This information will be posted on the SEC's Web site.

 

Self-Reporting

There are no changes to the current Self Reporting Form.

 

If you have further questions about this Member Alert, please contact Rob Renner, NASD Senior Director of Accounting Operations, at (240) 386-5303 or via email.