Until March 22, 2003, the fee rate is $30.10 per $1,000,000. Beginning March 22, 2003, the fee rate will be $25.20 per $1,000,000. Beginning April 1, 2003, the fee rate will be $46.80 per $1,000,000. http://www.sec.gov/answers/sec31.htm IF these are the fees that the SEC fees that the SEC is charging broker dealers, WHY are we being charge much more by the Broker dealers??? I trade with ANdover and it cost me on avg $180 in SEC for 100K shares traded, so im assuming that Andover is passing thru some other cost along with the SEC fee. Can anyone please help me make sense out of all this??