| SEC Fee (sellside only) | $0.000008 / $1 of proceeds, rounded up to the nearest penny |
| FINRA TAF (sellside only) | Equities: $0.000145 / share, no greater than $7.27 per trade, and no less than $0.01 Options: $0.00244 / contract, no less than $0.01 |
| Options Regulatory Fee | $0.03175 / contract |
| OCC Clearing Fees (covered by BBAE) | $0.055 / contract |
| French Financial Transaction Tax (Only applicable on the purchases of French ADRs) | 0.3% |
Regulatory fees are charges imposed by various regulatory agencies to cover the costs associated with maintaining market integrity, investor protection, and the overall stability of the financial system.
