2025-16387NoticeWallet

SEC Tweaks Fees for 2026: Companies, Brace for Slightly Different Wallet Hits

Published Date: 8/27/2025

Notice

Summary

The SEC is updating the fees companies pay when registering securities for Fiscal Year 2026. These fee changes affect anyone offering or buying certain securities and will help the SEC meet its budget goals. The new rates kick in soon, so businesses should get ready to pay a bit more or less depending on their offerings.

Analyzed Economic Effects

3 provisions identified: 0 benefits, 3 costs, 0 mixed.

Registration fee set at $138.10/million

If your company files a registration statement to offer securities, the SEC fee rate will be $138.10 per $1,000,000 of aggregate maximum offering price. This fee rate becomes effective on October 1, 2025.

Fee applies to certain securities purchases

The $138.10 per $1,000,000 fee rate also applies to fees collected under Section 13(e) for specified purchases of securities. This adjusted fee rate is effective October 1, 2025.

Fee applies to proxy solicitations and tender offers

The $138.10 per $1,000,000 fee rate also applies to fees collected under Section 14(g) for specified proxy solicitations and specified tender offers. This adjusted fee rate is effective on October 1, 2025.

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Key Dates

Published Date
Effective Date
8/27/2025
10/1/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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