This morning, SEC Chairman Mary Schapiro testified before the Subcommittee on Financial Services and General Government in support of President Obama’s FY 2011 budget request of $1.258 billion for the SEC. Her testimony reiterated much of what has been said before about the SEC’s recent restructuring and developments, but also raised a number of items that have not been previously discussed in much detail.
Full details are available in this post on my Enforcement Action blog over at Compliance Week.
