SEC FEE
SEC Fee is a nominal fee under the Securities Exchange Act of 1934. It is an additional cost of transaction attributed in the exchange-listed equities’ sale. Typically, the SEC fee is separated from any other fees like associated brokerage commissions and fees. The SEC fee was always 1% of the dollar value’ one three-hundredth of the dollar value of sold equities prior to 2007. Then it changed to 1% of one eight-hundredth of the the dollar value of sold equities after 2007.
POPULAR TERMS
Specific-Shares Method
Specific-shares method is a personal financial accounting whose purpose is to cut down realized capital gains for multiple stock or mutual fund pur ...
Voting Trust Certificate
Voting Trust Certificate is a document issued by the limited-life trust of a corporation, which is created to limit the control of a corporation to ...
Sample Selection Bias
Sample Selection Bias is a type of bias resulting from the selection of non-random data meant for statistical analysis.
Combined Loan to Value Ratio - CLTV Ratio
Ratio determining the default risk of a potential homebuyer if he would purchase a home using multiple mortgages. In general, creditors are willing ...
Contagion
Possibility a significant economic changes in a country will spread to other nations. It pertains to the spread of either an economic boom or econo ...
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