Jan. 27 Webcast Archive/Materials
Webcasts
Now On Securities Docket
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn“You have the SEC begging for more money, a lot more money, and only receiving a little more,” said Bruce Carton, a former attorney with the SEC’s Division of Enforcement who now edits a website called Securities Docket. “This is where they find themselves every year.” via Broken budget process hurts Wall Street reform–CNN Money.
New spending bill includes a $136 million funding increase for the SEC in 2012.
Are the SEC’s complaints about its budget taken as a sign of submission by Wall Street?
Bill would match Pres. Obama’s proposal of $1.407 billion in FY 2012.
Does the SEC’s budget allow it to pursue all of the cases in which it wants to bring charges?
OMB says it will recommend presidential veto.
Senate Democrats push back against proposed House freeze of SEC budget.
Commissioner says SEC is chronically underfunded, lacks any real control over its own budget.
House bill would appropriate $222 million less than the SEC has requested.
SEC Chair defends request for $222 million beyond FY 2011 budget.