Additional fees of stock exchanges.
Section 54
SEC. 54. Additional fees of stock exchanges.—In addition to the registration fee prescribed in Section 22 of this Act, every securities exchange shall pay to the Commission, on or before March fifteen of each calendar year, a fee in an amount not more than one one-hundredth of one per centum of the aggregate amount of the sales of securities transacted on such securities exchange during the preceding calendar year, for the privilege of doing business as a securities exchange, during the preceding calendar year any part thereof. (39a)