Regulatory Notice 12-06
SEC Approves Increase in the TAF Rate for Sales of Covered Equity Securities
Effective March 1, 2012, the Trading Activity Fee (TAF) rate for sales of covered equity securities will increase from $0.000090 per share for each sale of a covered equity security to $0.000095 per share, with a corresponding increase to the per-transaction cap for covered equity securities from $4.50 to $4.75. The new rate applies to any sale of a covered equity security subject to the TAF occurring on or after March 1, 2012.
The text of the new rule is available in the online FINRA Manual.