Chairman Schapiro Explains How SEC Would Use $1.407 Billion Budget Requested for FY 2012

SEC Chair Mary Schapiro is testifying this morning before the U.S. Senate Appropriations Committee in support of the SEC’s $1.407 billion budget request for fiscal year FY 2012. The SEC submitted the request in February, which seeks an increase of approximately $222 million beyond the $1.185 billion Congress recently agreed to allocate to the SEC for FY 2011.

Read more: Chairman Schapiro Explains How SEC Would Use $1.407 Billion Budget Requested for FY 2012 — Enforcement Action