SEC fee

SEC fee

Small fee the SEC charges to sellers of equity securities on an exchange.

SEC Fee

A nominal fee the SEC levies on equity transactions on an exchange. Created by the Securities Exchange Act of 1934, the fee was 1% of 1/300 of the dollar amount of the transaction until 2007. Since then, the fee is 1% of 1/800 of the dollar amount. The fee is collected by the brokerages involved in a transaction; these brokerages forward the fees to the SEC. The fees help pay for the SEC's operating expenses. It is important to note that debt instruments are not assessed this fee.

SEC fee

The SEC fee levied on sellers of listed equity securities.
References in periodicals archive ?
* DOL, SEC Fee Scrutiny Sparks Shift to Passive Investing
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It also gives the user an option to pay the SEC fees online through the LandBank ePayment.
A DI incurs expenses including listing and SEC fees, legal and accounting fees, marketing fees, and proxy and reporting fees.
In addition, National Starch incurred miscellaneous fees such as accounting, printing, proxy solicitation, and SEC fees in connection with the transaction.