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Corporate & Securities Law

: Jim Hamilton's World of Securities Regulation

By Jim Hamilton

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Key Senator Plans Legislation Making the SEC Self-FundingIn the wake of the SEC Inspector General Report on the Madoff case, Senator Charles Schumer plans legislation that would allow the SEC to fund its own operations by using the transaction and registration fees it collects in place of a Congressionally-mandated budget. In the senator?s view, self-funding will give the SEC access to millions more than is allocated through the Congressional appropriations process. The SEC is one of only two f read more

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Full post as published by Jim Hamilton's World of Securities Regulation on September 07, 2009 (boomark / email).

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