# 2026-19392: FINRA Hits Pause: Traders Get Fee Holiday Till New Year

2026-19392, Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Temporarily Pause Assessment of the Trading Activity Fee, is a Federal Register notice from Securities and Exchange Commission published 2026-09-23, effective 2026-10-01; PRIA reads it as touching household money (as of 2026-09-30).

- Canonical: https://policyrisk.com/federal-register/2026-19392
- As of: 2026-09-30
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-19392
- Title: Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Temporarily Pause Assessment of the Trading Activity Fee
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 91 FR 60435
- Published: 2026-09-23
- Effective: 2026-10-01
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-09-30

## In one line

FINRA Hits Pause: Traders Get Fee Holiday Till New Year

## Summary

FINRA is hitting the pause button on the Trading Activity Fee for three months, from October 1 to December 31, 2026. This means traders won’t be charged this fee during that time, giving everyone a little financial breather. This change affects anyone involved in trading activities under FINRA’s watch and kicks in right away!

## Effects PRIA read

- Three-month trading fee holiday: benefit, medium. FINRA will set Trading Activity Fee (TAF) rates to $0.00 for transactions executed from October 1, 2026 through December 31, 2026, and monthly invoices for that period will show a $0.00 TAF assessment. FINRA estimates the TAF fees waived under this pause amount to approximately $160 million; normal…
- Whether customers save depends on pass-through: mixed, low. Many FINRA member firms commonly pass TAF charges through to other firms or to end customers; if a firm passes the fee through, customers may see lower charges during October–December 2026, but if a firm retains the fee savings, only the firm benefits. Members must continue to report aggregate trad…

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## Sources
- [2026-19392 on federalregister.gov](https://www.federalregister.gov/documents/2026/09/23/2026-19392/self-regulatory-organizations-financial-industry-regulatory-authority-inc-notice-of-filing-and)
- [2026-19392 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-09-23/pdf/2026-19392.pdf)

## Related
- [Previous: 2026-19388, Order Granting Temporary Conditional Exemptive Relief, Pursuant to Section 36(a…](https://policyrisk.com/federal-register/2026-19388)
- [Next: 2026-19393, Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; N…](https://policyrisk.com/federal-register/2026-19393)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-19392 (as of 2026-09-30).