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I don't disagree, but you're arguing that the government gives a greater share of its tax receipts to the SEC. This is a question for Congress, not the agency.
by growse 3y ago
I don't disagree, but you're arguing that the government gives a greater share of its tax receipts to the SEC. This is a question for Congress, not the agency. The usual assertion of "let's spend more money on x" results in the obvious question "instead of what?".
OP was suggesting that the SEC ramp up the rate of actions, which will need funding (at least, initially). I don't see Congress doing that?
- gbear605 3y agoThe SEC is largely self-funded by fees on banks, no need for tax dollars.
- ensignavenger 3y agoA government mandated fee is an excise tax, they are essentially the same thing.