Accordingly, some participants believed that it is time to think about having the SEC operate independently in setting its own funding levels, like the Federal Reserve, and to let the SEC determine and set its own fees, with industry participation, for the activities it conducts.
The SEC ought to set its own fees and funding levels.
The postwar obsession with comfort, convenience, and the latest electronic gadgetry has led most Japanese to forsake the traditional, simple, and elegant house of wooden walls, heavy tiled roofs, tatami-mat floors, and sliding panels for a modern  Western-style  house designed to exchange the austerity of the past for the prosperity of the future.