You must pay filing fees when you submit most registration statements under the Securities Act 2025

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The SEC fee is a small fee that exchanges and broker-dealers must pay the U.S. Treasury, to help offset the governmental costs associated with regulating the equities market.
SEC Initial Registration and Annual Update Amendment Fees Less than $25 million AUM: $40. $25-$100 million AUM: $150. $100 million or more AUM: $225.
On August 20, 2024, the U.S. Securities and Exchange Commission (SEC) announced an increase in the fees that public companies and other issuers will be required to pay to register their securities, from $147.60 per million dollars to $153.10 per million dollars.
Filers must login to EDGAR first to access Pay.gov and make ACH, credit card, or debit card filing fee payments. ACH payments generally take 1-3 business days to process and to be reflected in EDGAR.
Current SEC Fee Rate and How Much Advisors Pay the SEC Keep in mind that the new rate of $27.80 only applies to covered sales occurring on or after May 22, 2024. The previous rate of $8 per million dollars of securities sold remained in effect through May 21, 2024.
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Firms that require SEC registration will need to create an IARD account, submit Form ADV, pay a registration fee and update their documentation on an annual basis.

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