Securities Exchange Act 1934 Section 31
- (b) Exchange-traded securities
Subject to subsection
(j), each national securities exchange shall pay to the Commission a
fee at a rate equal to $ 15 per $ 1,000,000 of the aggregate dollar amount
of sales of securities (other than bonds, debentures, other evidences of
indebtedness, security futures products, and options on securities indexes
(excluding a narrow-based security index)) transacted on such national securities
exchange.
- (c) Off-exchange trades of exchange registered
and last-sale-reported securities
Subject to subsection (j), each national securities association shall pay
to the Commission a fee at a rate equal to $ 15 per $ 1,000,000 of the aggregate
dollar amount of sales transacted by or through any member of such association
otherwise than on a national securities exchange of securities (other than
bonds, debentures, other evidences of indebtedness, security futures products,
and options on securities indexes (excluding a narrow-based security index))
registered on a national securities exchange or subject to prompt last sale
reporting pursuant to the rules of the Commission or a registered national
securities association.
- (d) Assessments on security futures transactions
Each national securities exchange and national securities association shall
pay to the Commission an assessment equal to $0.009 for each round turn transaction
(treated as including one purchase and one sale of a contract of sale for
future delivery) on a security future traded on such national securities
exchange or by or through any member of such association otherwise than on
a national securities exchange, except that for fiscal year 2007 and each
succeeding fiscal year such assessment shall be equal to $ 0.0042 for each
such transaction..