The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  https://boards.fool.com/disconnect-between-sec-fees-and-what-im-being-28463195.aspx

Subject:  Re: Q about SEC fees when selling Date:  4/24/2010  7:15 AM
Author:  billjam Number:  66991 of 93999

Disconnect between SEC fees and what I'm being charged by Fidelity. Last big sale was in December. 800 shares with gross proceeds of $17,544.00. $10.95 Commission and 46 cents Activity Assessment Fee were deducted. The sale was before Fido reduced commissions to $7.95.

At $1.69/$1000 the SEC fee would be $29.65. I seriously doubt they are eating that much just to give me low commissions. They're great to work with but they aren't that nice.
Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us