Consent of Independent Registered Public Accounting Firm

We consent to the references to our firm under the captions "Financial
Highlights" in the Prospectus and "Independent Registered Public Accounting
Firm" in the Statement of Additional Information and to the incorporation by
reference of our report dated November 21, 2007 on the financial statements and
financial highlights of Security Equity Fund in Post-Effective Amendment No. 105
to the Registration Statement (Form N-1A) and related Prospectus and Statement
of Additional Information filed with the Securities and Exchange Commission
under the Securities Act of 1933 (Registration No. 2-19458) and under the
Investment Company Act of 1940 (Registration No. 811-01136).


                                                           /s/ Ernst & Young LLP

Kansas City, Missouri
January 28, 2008