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Refunding The SEC

247Wallst | Thu, 09/03/2009 - 11:30am | Charles Schumer, SEC, Securities and Exchange Commission |  Add a comment

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Senator Charles Schumer believes that the SEC is underfunded. Statistics tend to support his case. The SEC’s staff of approximately 3,650 oversees 35,000 entities.  Securities trading volume has increased 261% between 2003 and 2008, but the SEC staff grew only 15% over that period of time.
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