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Rating:Finally, a Bit of Good News from the SEC Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, September 12, 2013

Finally, a Bit of Good News from the SEC

Reported by Tommy Fernandez

Fundsters, rejoice. The SEC has recently done something that actually won't give you agida.

For fiscal year 2014, the regulator has cut the fee rate applying to the registration of securities six percent, from $136.40 per million dollars to $128.80 per million dollars. 

The fee cut is especially welcome given that the 2013 rate of $136.40 per million represents a 19 percent hike from 2012's rate of $114 per million.

It might make a fundster almost want to put away his antacid. Ok, maybe not.  

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