Securities and Exchange Commission Fee Reduction Act of 1996

Summary

Securities and Exchange Commission Fee Reduction Act of 1996 - Amends the Securities Act of 1933 to: (1) prohibit the minimum required registration fee from exceeding $100 (current law prohibits the minimum fee from being less than $100); and (2) set forth a schedule for general revenue fees and offsetting collection fees in diminishing amounts through FY 2001. (Sec. 3) Amends the Securities Exchange Act of 1934 to revise the transaction fee schedule for: (1) exchange-traded securities; (2) off-exchange trades of exchange-registered securities; (3) off-exchange trades of last-sale-reported securities. Declares that such fees are in lieu of, and not in addition to, any fees that the Securities and Exchange Commission is authorized to impose or collect.

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3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 10 June 1996

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 10 June 1996

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• Introduced in Senate

  summary · EN · 10 June 1996

  Open at official source

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