Uncle Sam Just gave us a raise

Discussion in 'Professional Trading' started by mschey, Sep 19, 2005.

  1. "Effective Oct. 1, 2005, or 30 days after the date on which the Commission receives its fiscal year 2006 regular appropriation, whichever date comes later, the Section 31 fee rate applicable to securities transactions on the exchanges and certain over-the-counter markets will decrease to $30.70 per million from the current rate of $41.80 per million. "

    Enjoy your tax break while it lasts!

    Mike
     
  2. xbrxx

    xbrxx

    Great news! This will save me a couple of grand. I wonder if it'll ever go back down into the 20s/million

    xbrxx