SEC
The information below is a result of our efforts to understand the fee and to determine how it is assessed. Please let us know at support@propreports.com if anything is incorrect or if you can provide additional information.
What is the SEC Fee?
The SEC Section 31 Transaction Fees
Charged by the SRO to the Broker Dealer. These fees recover the costs incurred by the government, including the SEC, for supervising and regulating the securities markets and securities professionals. Additional details can be found on the SEC Website.
How is the fee assessed?
The fee is assessed on sell orders as a percentage of the principal amount of the transaction.