The Securities and Exchange Commission’s budget will increase by $74 million, according to the Senate Committee on Appropriations’ summary of its budget bill for the 2011 fiscal year. This represents a 7 percent increase on the 2010 budget, bringing the agency’s appropriations to $1.185 billion in total.
This budget increase is still $65 million less than the increase requested and $115 million less than the increase recommended by the Dodd-Frank Act for this year. That means the increase represents only 39 percent of what would have been necessary to meet Dodd-Frank recommendations.
‘Enforcement 40’ for 2020
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