The SEC is largely self-funded by fees on banks, no need for tax dollars. | Hacker News

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		gbear605 on Nov 25, 2023 \| parent \| context \| favorite \| on: The Bond villain compliance strategy The SEC is largely self-funded by fees on banks, no need for tax dollars.

ensignavenger on Nov 25, 2023 [–]

A government mandated fee is an excise tax, they are essentially the same thing.

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