The greedy U.S. options exchanges and brokers learn something from their European buddies. See the following thread. http://elitetrader.com/vb/showthread.php?s=&threadid=14290&highlight=modification+cancellation http://elitetrader.com/vb/showthread.php?threadid=15713 Now they are escalating and scaling up their illegal profitability. I ask you to protest to SEC and NASD against the illegal fees for many reasons mentioned in the above threads. Here is an additional practical reason. The exchanges and brokers cannot charge the new fee before they can provide full accurate traceable billing information. The information at least needs to include the time, transaction id, and amount of fee for each item debited/credited under the title of new fees. Only a total of the fee in the statement is not good and responsible enough. Write to SEC and NASD to block the new fees, NOW. Some nice people like me please help to draft a template letter to allow folks conveniently mail a copy. I also call on a protest against the options exchanges and brokers. Stop trade with them or trade much less like 25% the ordinary volume you trade. For example, I trade around 500 transactions per month. I will only trade about 125 next month. This is not a protest but also a protection against the rule changes and malicious billings. Do not hesitate to close out your account if they have counter-measures like increasing maintenance fee. Don't you agree?