Regulatory Alerts2025-04-24 | Information Notice - 4/24/25Added · Updated
New Rate for Fees Paid Under Section 31 of the Exchange Act
Effective May 14, 2025, FINRA reduces the Section 31 fee rate for specified securities transactions on exchanges and in over-the-counter markets from $27.80 per million dollars to $0.00 per million dollars. This change implements an announcement by the Securities and Exchange Commission, while the assessment on security futures transactions remains unchanged at $0.0042 per round turn transaction. FINRA collects these fees from member firms based on the trade date.
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