On August 25th, the SEC announced that fee rates applicable to most securities transactions will be set at $138.10 per million dollars on October 1, 2025. This represents a decrease from $153.10 per million dollars during the previous fiscal year. The upcoming fee rate will be applied to the registration of securities under Section 6(b) of the Securities Act of 1933, the repurchase of securities under Section 13(e) of the Securities Exchange Act of 1934, and proxy solicitations and specified tender offers under Section 14(g) of the Securities Exchange Act of 1934.
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