Published on Sep 30th, 2016 | Posted in Articles
When fiscal year 2017 starts on October 1, 2016, the Securities and Exchange Commission will be operating under a short-term continuing resolution, and thus will not have received a regular appropriation for FY 2017.  Accordingly, the fees paid under Section 31 of the Securities Exchange Act will remain at their current rate until 60 days after the date of enactment of a regular appropriation for the SEC.
The SEC is required to publish a revised fee rate 30 days after the date of enactment of a new fiscal year appropriation, and the new rate takes effect 60 days after the date of enactment.  Until then, the Section 31 fee rate will remain at the current rate of $21.80 per million for securities transactions, and the assessment on round turn transactions in security futures will remain at $0.0042 per transaction.
For questions on Section 31 fees, please contact the Office of Interpretation and Guidance in the SEC’s Division of Trading and Markets at (202) 551-5777 or by e-mail at
The Commission will issue further notices on its website as appropriate to keep the public informed of developments relating to the effective dates of the fee rates under Section 31.