The SEC could be called many things, but “massive” isn’t one of them. They have fewer than 5,000 employees, which makes them microscopic on the federal government’s scale and virtually nonexistent proportional to the size of market they’re tasked with regulating.
Thanks for that. I had thought they were bigger based on their impact but compared to the FDA (14k) and USDA (100k) they are much smaller by head count. I’ve edited that adjective out of the original post.
I’m disheartened by how small the FTC and SEC actually are upon review.
