1. Other regulatory agencies that are independently funded and not subject to the appropriations and budget processes-which tend to be prudential regulators of financial institutions such as the FDIC, as well as the Fed-have multimember annual compliance costs of $91,000 was wildly inaccurate, by orders of magnitude, and despite declining from early per-firm compliance costs in excess of $1 million, it is still well above that amount;U S C;OFFICE OF ECON. ANALYSIS, STUDY OF THE SARBANES-OXLEY ACT OF 2002 SECTION 404 INTERNAL CONTROL OVER FINANCIAL REPORTING REQUIREMENTS,2009