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Why Doesn't the SEC Just Fund Itself?

Writer's picture: OurStudioOurStudio

Between hedge fund moguls Steven A. Cohen and Raj Rajaratnam, and banking giants Goldman Sachs (GS), Citigroup (C) and JPMorgan Chase (JPM), the Securities and Exchange Commission could raise enough money in fines to fund itself for a full year.

The question is … why doesn't it?

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