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ARTICLE · 25 JUNE 2002

SEC Fees Reduced

Mayer Brown
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United StatesFinance and Banking

Originally published on January 25, 2002

On January 16, 2001, President Bush signed the "Investor and Capital Markets Fee Relief Act" which substantially reduces filing fees and securities transaction fees paid to the Securities and Exchange Commission.

Reduced Filing Fees

Filing fee rates are reduced from $239 per million to $92 per million under Section 6(b) of the Securities Act (registration statements) and Section 13(e) (going private transactions) and Section 14(g) of the Exchange Act (merger proxies). In addition, filing fees under Section 307(b) of the Trust Indenture Act (qualification of indenture when securities are not required to be registered) are eliminated.

Retroactive Application of Reduced Filing Fees

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