Fee Rate Advisory #2 for Fiscal Year 2020

The Securities and Exchange Commission announced that starting on Feb. 18, 2020, the fee rates applicable to most securities transactions will be set at $22.10 per million dollars. Consequently, each SRO will continue to pay the Commission a rate of $20.70 per million for covered sales occurring on charge dates through Feb. 17, 2020, and a rate of $22.10 per million for covered sales occurring on charge dates on or after Feb. 18, 2020. For more information on the term “charge date,” please refer to Rule 31(a)(3) and Exchange Act Release No. 49928. The assessment on security futures transactions will remain unchanged at $0.0042 for each round turn transaction. The Commission determined these new rates in accordance with Section 31 of the Securities Exchange Act of 1934.