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part 2 is right.
instead of the money being pumped into the sec to make it better some
of our fine senators and reps use the extra money to pork-barrels their
local projects.
----- Original Message -----
From: "Kent Rollins" <kentr@xxxxxxxxxxxxxx>
To: "OmegaList" <omega-list@xxxxxxxxxx>
Sent: Friday, April 04, 2003 11:53 AM
Subject: Re: SEC Humor???
> I guess it's because trading volumes have dropped off so much. Also, I
> think they only get about 30% of the revenues they bring in. The rest
goes
> into the Treasury and Congress gets to spend it. So Congress wouldn't be
> too disappointed if they "bring in" too much of our $$$.
>
> Kent
>
>
> ----- Original Message -----
> From: "Bob Scott" <rlscott1@xxxxxxxxxxxx>
> To: "Omega-List" <omega-list@xxxxxxxxxx>
> Sent: Friday, April 04, 2003 9:18 AM
> Subject: SEC Humor???
>
>
> For the past two years the SEC fees have been changed on the first day of
> the second quarter which just happens to be April 1. Last year, the fees
> were changed from $15.00 to $30.10 per million sold and this year a change
> was made to make the fees $46.80 per million. What ever happened to the
> reduction from $33.33 to $15.00 per million that occurred the end of
> December 2001 because they were making too much money?
>
> ~Bob
>
>
>
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