On February 26, 2021, the SEC announced that under Section 31(j)(2) of the Securities Exchange Act of 1934, it has concluded that a mid-year adjustment to the Section 31 fee rate is not required for fiscal year 2021. The amount of funding available to the SEC is not directly affected by these adjustments.
Fiscal year 2021’s Section 31 fee rate will stay at the present rate of $5.10 per million, as was reported on January 15, 2021. This fee rate will remain fixed until September 30, 2021, or 60 days following the enactment of a regular fiscal year 2022 appropriation, whichever is later. The Section 31 assessment on round turn transactions in security futures also will remain unchanged at $0.0042 per transaction.
The SEC will publish additional notices on sec.gov to keep the public apprised of developments concerning fees under Section 31. To inquire about Section 31, contact the Office of Interpretation and Guidance by phone at (202) 551-5777 or submit questions via email at tradingandmarkets@sec.gov.
Sources:
Fee Rate Advisory #3 for Fiscal Year 2021 (sec.gov)
