The SEC Announces Significantly Increased Fee Rates for 2019

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On March 12, 2019, the Securities and Exchange Commission (SEC) announced that, on April 16, 2019, SEC fee rates applicable to most securities transactions will be raised from the current rate of $13.00 per million to the new fee rate of $20.70 per million. The current fee rate will continue to apply to filings of securities offerings made through April 15, 2019. If you plan to file a securities offering in April, we recommend that you keep an eye on the upcoming fee rate change to make sure you calculate the correct SEC registration fee for your deal. 

The press release announcing the new SEC fee rate is available here.

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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