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SEC Says $700 Million Fee Cut Will Benefit Investors

The Securities and Exchange Commission said starting the week of Feb. 19 it had begun "sharply" cutting fees charged to public companies and other issuers for securities transactions and registrations.

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WASHINGTON — The Securities and Exchange Commission said starting the week of Feb. 19 it had begun “sharply” cutting fees charged to public companies and other issuers for securities transactions and registrations.

Fees to register securities with the commission will be reduced by 71.3% and fees on securities transactions will be reduced by 50.2%, according to the agency. The SEC sets registration and transaction fees according to the Investor and Capital Markets Fee Relief Act.

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