"SEC Section 31 Fees for US CFD DMA and Shares – 1 June 2009
Saxo Bank will begin to pass on to clients the SEC Section 31 fee of $25.70 per million (0.257BP) on US exchange CFD DMA and stock SELL transactions where client orders are entered directly into the underlying market. Regular CFDs are exempt from this charge. This fee applies only to US exchanges.
To read more about Section 31 click here
More information
Please contact your Account Manager."
El SEC section 31 :
http://www.sec.gov/answers/sec31.htm
kabroness !!
