| SEC Fee (Sellside only) | $0.0000278 / $1 of proceeds, rounded up to the nearest penny |
| FINRA TAF (Sellside only) | Equities: $0.000166 / share, no greater than $8.30 per trade, and no less than $0.01 Options: $0.00279 / contract, no less than $0.01 |
| Options Regulatory Fee | $0.02685 / 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 levied by various regulatory bodies to cover the costs of maintaining market integrity, protecting investors, and ensuring the stability of the financial system. BBAE does not charge these fees.