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No A senator's status could be looked into by Rome's official snoops which were the censors. He could be expelled from the senate if he did not maintain the standard of wealth, which was a minimum of one million sesterces. He could also be expelled for treasonous conduct and at one time even for flouting his wealth. Working at a job that was unbecoming to an aristocrat, such as (gasp!) being a banker or a money changer could also get him expelled.

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