Yesterday, in her first testimony before Congress as SEC chairman, Mary Jo White made her case for why the SEC’s budget should be increased to $1.674 billion in fiscal year 2014. White testified that the SEC’s current budget was not sufficient to permit the SEC to properly enforce the securities laws “in a way that investors deserve and expect.”
via SEC’s White Testifies Current Budget ‘Not Sufficient,’ Seeks 26% Increase – Compliance Week
