Those who argue that the US Securities and Exchange Commission should fund itself from the fees it charges say it would let the regulator invest in technology and would put it on the same independent footing as many of its peers.
“The ability to self-fund is beyond just additional resources. It’s the ability to have multi-year budgets and to plan,” said Luis Aguilar, one of the five SEC commissioners and a strong advocate of self-funding.
Read the full story in the Financial Times
© 2017 Newsmax. All rights reserved.