I got this message from my Scotia iTrade Bulletins:
---------
Please note effective April 7, 2009, the U.S. Securities and Exchange Commission (SEC) will increase the fee charged on all sell orders completed through a U.S. exchange from $5.60 per million principal to $25.70 per million principal. Details of the fee charged appear on the confirmation slip you receive.
More information can be found at www.sec.gov/news/press/2009/2009-56.htm
---------
Can somebody explain in plain English what impact this will have for us Canadians?
---------
Please note effective April 7, 2009, the U.S. Securities and Exchange Commission (SEC) will increase the fee charged on all sell orders completed through a U.S. exchange from $5.60 per million principal to $25.70 per million principal. Details of the fee charged appear on the confirmation slip you receive.
More information can be found at www.sec.gov/news/press/2009/2009-56.htm
---------
Can somebody explain in plain English what impact this will have for us Canadians?