Brief: The SEC Collects $115.90 Per $1 Million Per Issuer Filing Amount

SEC BlueThe SEC generates fees in a bit of a convoluted fashion.  No fault of their own, the SEC is mandated by law to set the fee based on the Commission’s projections for the fiscal year.  The regulator had some help in the methodology as the Congressional Budget Office and the Office of Management & Budget chipped in.  The filing fees are associated with registration of securities, repurchases, proxies and other corporate statements for control transactions.

According to the SEC, both public and other issues will pay $115.90 per one million dollars – effective October 1st. This is an increase from  $100.70 per million from the previous fiscal year. The statutory target amount for fiscal year 2017 is $585 million in total so they expect several trillions of dollars in filings. It would be kind of interesting if they broke down the predicted distribution of fees further.


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