SEC Form 24F-2

SEC Form 24F-2

SEC Form 24F-2 is a filing that must be submitted annually by open-end management companies in order to collect the requisite fees owed by them to the Securities and Exchange Commission (SEC). The form must specify the name of each series or class of securities for which the form is filed, and it must be filed within 90 days of the end of the fiscal year during which the company has publicly offered such securities. SEC Form 24F-2 is an electronic filing that by open-end management firms or companies that offer mutual funds and ETFs, face-amount certificate companies, and unit investment trusts (UITs). Form 24F-2 allows multiple securities with the same fiscal end date to be submitted, and the issuer can calculate its fees based on aggregate net sales of the series having the same fiscal year end. The form has to state the name of each series or class of securities for which it has been filed and must be filed within 90 days of the end of the fiscal year during which the company offered those securities. SEC Form 24F-2 is a filing that must be submitted annually by open-end management companies in order to collect the requisite fees owed by them to the Securities and Exchange Commission (SEC).

SEC Form 24F-2 is an electronic filing that by open-end management firms or companies that offer mutual funds and ETFs, face-amount certificate companies, and unit investment trusts (UITs).

What Is SEC Form 24F-2?

SEC Form 24F-2 is a filing that must be submitted annually by open-end management companies in order to collect the requisite fees owed by them to the Securities and Exchange Commission (SEC). The form is also required for face-amount certificate companies and unit investment trusts (UITs).

The form must specify the name of each series or class of securities for which the form is filed, and it must be filed within 90 days of the end of the fiscal year during which the company has publicly offered such securities.

SEC Form 24F-2 is an electronic filing that by open-end management firms or companies that offer mutual funds and ETFs, face-amount certificate companies, and unit investment trusts (UITs).
The form has to state the name of each series or class of securities for which it has been filed and must be filed within 90 days of the end of the fiscal year during which the company offered those securities.
The form is also referred to as the "annual notice of securities sold" and is mandated as a provision of the Investment Company Act of 1940.
The purpose of this form is for the SEC to determine and collect registration fees from the companies that are filing.

Understanding SEC Form 24F-2

SEC Form 24F-2, also known as "annual notice of securities sold," is required by rule 24F-2 under the Investment Company Act of 1940. The SEC uses this form to calculate and collect registration fees payable to the Commission by these companies. "Open-end management companies" refers to firms that offer mutual funds and ETFs. Rule 24F-2 does not apply to closed-end funds.

$109.10 per million dollars

Filing fees charged by the SEC for the fiscal year 2021, starting October 1, 2020.

How Investment Companies File Annual SEC Fees

Investment companies that issue the securities covered by form 24F-2 will typically have issued multiple securities with varying fiscal years. Form 24F-2 allows multiple securities with the same fiscal end date to be submitted, and the issuer can calculate its fees based on aggregate net sales of the series having the same fiscal year end.

Issuers are required to submit the forms electronically using EDGAR and the form must be accompanied by the appropriate registration fee. If the form is being filed late, interest must be paid. Issuers who calculate registration fees on a class-by-class or series-by-series basis can make a single filing consisting of a separate Form 24F-2 for each class or series in a single document.

Securities laws require the SEC to make annual adjustments to the rates for fees paid under Section 6(b) of the Securities Act of 1933, which is for the initial registration of securities. Section 6(b) rate is also the rate used to calculate the fees payable under Rule 24F-2.

The SEC has said that filing fees for fiscal 2021 will be charged at a rate of $109.10 per million dollars, effective October 1, 2020. That's a drop from the previous fiscal year, in which the rate charged was $129.80 per million dollars.

Related terms:

Electronic Data Gathering, Analysis and Retrieval (EDGAR)

EDGAR is the electronic filing system created by the Securities and Exchange Commission for corporate filings. read more

Face-Amount Certificate Company

Face-amount certificate companies are issuers of face-amount certificates (FAC): Debt securities of a specified value backed by a security interest. read more

Investment Company Act of 1940

Created by Congress, the Investment Company Act of 1940 regulates the organization of investment companies and the product offerings they issue. read more

Open-End Management Company

An open-end management company is a type of investment company responsible for the management of open-end funds.  read more

SEC Form 10

SEC Form 10 is a filing with the Securities and Exchange Commission (SEC) used to register a class of securities in preparation for potential trading on U.S. exchanges. read more

SEC Form 24F-2NT

SEC Form 24F-2NT is a filing required by the SEC when an investment company sells more securities than stated in its initial registration. read more

SEC Form 485A24E

SEC Form 485A24E is a registration statement for separate accounts. read more

SEC Form 485A24F

SEC Form 485A24F is a registration statement for separate accounts offered by management investment companies. read more

SEC Form N-17f-2

SEC Form N-17f-2 is a filing with the SEC that must be submitted by investment companies that have custody of securities or similar investments.  read more

SEC Form N-30B-2

SEC Form N-30B-2 is a required SEC filing that attests that the investment company named is current with its mailings of periodic and interim reports.  read more