Section 31 fee(redirected from Section 31 Fees)
Section 31 Fee
A fee the SEC charges to register and trade securities. Each transaction of a registered security incurs a small Section 31 fee, which is a tiny portion of 1% of the value of the transaction. While the fee is technically levied on FINRA and other self-regulatory organizations, they pass it on to individual investors.
Section 31 fee
A Securities and Exchange Commission fee on the registration and trading of securities. The fee was first levied in the 1930s to finance the government's cost of regulating the securities markets. In early 2001 the fee amounted to 1/300 of 1% of the principal amount of a stock sale.