New Rate for Fees Paid Under Section 31 of the Exchange Act

Executive Summary

Effective February 14, 2015, the Section 31 fee rate applicable to specified securities transactions on the exchanges and in the over-the-counter markets will decrease from its current rate of $22.10 per million dollars in transactions to a new rate of $18.40 per million dollars in transactions.

Finance-related questions should be directed to Robert Huml, Accounting Manager, Finance, at (240) 386-5388. Legal and interpretive questions should be directed to Brant Brown, Associate General Counsel, Office of General Counsel, at (202) 728-6927.