How to Calculate an SEC Fee
- 1). Determine the number of purchases and sales of a contract. For example, a brokerage has 100 trades.
- 2). Determine the fee. As of 2007, the SEC charged a $0.0042 per round-term transaction, which are just one person buys and another sells a security. The SEC updates this information if there are any changes to the rate.
- 3). Multiply the rate by the number of transactions. In our example, 100 times $0.0042 equals $0.42.