The Securities and Exchange Commission has announced that it intends to raise the transaction fee it is paid by each national securities exchange and national securities association. Effective April 1, or 30 days after the date of enactment of the SEC’s regular appropriation for fiscal year 2009, whichever is later, the fee payable to the SEC pursuant to Section 31 of the Securities Exchange Act of 1934 will be raised to $25.70 per million dollars in securities sales from the current rate of $5.60. The transaction fee applicable to security futures transactions will remain unchanged at $0.0042 per round turn transaction.