SEC Fees Again

Discussion in 'Trading' started by sdtrader, Dec 4, 2002.

  1. I know this formula has been given out so many times. But can someone post it again.
    The basic formula for how SEC fees are calculated?
    Thanks in advance.
  2. lescor


    It's $30 per million dollars of stock sold. It's based on the dollar amount, not the volume, and only calculated on sales. That's .00003 or 3/100ths of one percent.
  3. Thanks.
  4. ...and if I'm not mistaken, the SEC only needs under 25% of this fee revenue.

    The massive surplus of fee revenue is just absorbed by the government, which refuses to lower SEC fees.