On March 11, the Securities and Exchange Commission announced an increase of its fees under Section 6(b) of the Securities Act of 1933 applicable to the registration of securities, Section 13(e) of the Securities Exchange Act of 1934 applicable to the repurchase of securities and Section 14(g) of the Exchange Act applicable to proxy solicitations and statements in corporate control transactions from $39.30 per million dollars to $55.80 per million dollars. The foregoing fee increases will become effective on March 16.