- Billing information
SIC® bills the industry on a semi-annual basis in the months of January and July. The most recent bill that you have received is comprised of all the activity for the Lost and Stolen Securities Program that took place during the last 6 month billing cycle.
Your bill is determined by the following two factors:
- How you are registered with the program
- The total industry volume of activity for the 6 month billing period
The Detail Report shows the different categories, a brief description of each category, along with the usage allocation for this billing period. This report details the distribution of cost across the industry based on how you enrolled your institution with SIC®.