Replies to post #290123 on Digital Brand Media and Marketing Group Inc (DBMM)

[Gotham Bay Group]

Fines are levied to make retail investors feel like something is being done. SEC gets money for every sale. The bulk of these fees is charged to brokers. SEC tries to spin it off as insignificant, which it is if you look at the way they propose. But consider the number of transactions daily, then convert that to annually. It's a little larger. SEC has no desire to bite the hand feeding it.

[Gotham Bay Group]

Here is the fee structure for the SEC as well.
https://www.sec.gov/news/press-release/2023-15