Cryptocurrency Q&A
Who pays the SEC fee?
Who pays the SEC fee?
KimchiQueen
Wed Sep 25 2024
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5 answers
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I'm curious, could you clarify for me who exactly is responsible for paying the SEC fee? Is it the individual investors, the companies offering securities, or perhaps a combination of both? I'm trying to understand the financial obligation and how it fits into the overall regulatory framework of the Securities and Exchange Commission. Any insight you can provide would be greatly appreciated.
5 answers
SumoStrength
Fri Sep 27 2024
Historically, the SEC fee has been adjusted periodically to align with the agency's budgetary requirements and market conditions.
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GeishaMelody
Fri Sep 27 2024
In May 2024, a significant increase in the SEC fee was announced, with the charge rising from $8 per million dollars of securities sold to $27.80 per million dollars.
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KatanaSwordsmanship
Fri Sep 27 2024
The SEC fee serves as a mandatory transaction charge imposed on financial advisors involved in the sale of securities listed on exchanges or traded over-the-counter.
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LightWaveMystic
Fri Sep 27 2024
This represents a more than threefold increase, reflecting potential changes in the SEC's budgetary needs or the regulatory landscape of the securities market.
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Martina
Fri Sep 27 2024
The purpose of this fee is to finance the operations of the Securities and Exchange Commission (SEC), ensuring the proper regulation and oversight of the securities market.
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