SEC IAC Meeting – Access Fee Pilot Recommendations

Yesterday, the SEC convened a meeting of the Investor Advisory Committee (IAC) to discuss several items one of which included Proposed Transaction Fee Pilot.  The Advisory Committee approved a recommendation from the Market Structure Subcommittee regarding the SEC’s proposed transaction fee pilot program. Two of their comments include the inclusion of a “no rebate” bucket and they recommend that companies not be allowed to opt out. Attached is a full report by our partners at Williams & Jensen.

Read Report Here  09 13 18 – SEC – Investor Advisory Committee