The US Securities and Exchange Commission (SEC) announced an increase in the filing fees to be paid by public companies and other issuers. Effective October 1, 2017, the first day of the SEC’s 2018 fiscal year, the filing fee rate will increase 7.4 percent, from the current rate of $115.90 per million dollars to $124.50 per million dollars for:

  • The registration of securities under 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.

The fiscal year 2018 filing fee increase follows a 15 percent filing fee increase for fiscal year 2017. Companies that are planning on submitting filings later in 2017 for which a filing fee will be paid at the time of filing may want to consider whether they have the flexibility to file prior to October 1, 2017, before the filing fee increases.

New filing and transaction fee rates for the SEC’s 2019 fiscal year will be announced by August 31, 2018.