Free Site Registration

The Latest on Section 31(a)

Traders Magazine, January 2003

Gregory Bresiger

Now it will be sometime in the next two months when the Section 31(a) fee is expected to be cut, according to SEC and securities industry officials. "It should happen by March," said a spokesman for the Securities Industry Association. That's when lawmakers will finally have straightened out the SEC's budget - they still hadn't passed a budget for the agency by the end of last year - and when SEC officials will then be able to figure out how much the tax can be cut.

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?