Regulatory Alerts2018-01-01
Guidelines on Market Levies for 2018
The Securities and Exchange Commission issued these 2018 guidelines mandating fixed annual levies for market operators, transaction fees on share and bond trades, and a 0.003% depository charge. Market operators must pay their annual levies by the end of the first quarter, while transaction and depository fees are due within seven days after each month's close. The Commission enforces compliance through statutory powers and sanctions for non-payment, ensuring consistent funding for market regulation.
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