The Securities and Exchange Commission has announced an increase in the filing fees to be paid by public companies and other issuers effective October 1, 2012, the first day of the government’s fiscal year. The filing fee rate will increase to $136.40 per million from the current rate of $114.60 per million for:

  • The registration of securities under Section 6(b) of the Securities Act of 1933,
  • The repurchase of securities in going private transactions pursuant to Section 13(e) of the Securities Exchange Act of 1934,
  • Certain proxy solicitations and statements in corporate control transactions pursuant to Section 14(g) of the Exchange Act, and
  • The payment of fees in connection with the Annual Notice of Securities Sold Pursuant to Rule 24f-2 under the Investment Company Act of 1940. 

This increase in the filing fee rate should be considered when planning the timing of transactions and offerings as well as the filing of registration statements during the next several weeks. 

New filing and transaction fee rates for the SEC’s 2014 fiscal year will be announced by August 31, 2013.

If you have any questions about the issues raised in this Legal Update, please contact the author, Michael L. Hermsen at +1 312 701 7960.