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Browse: Home / 2013 / May / 08 / SEC’s White Testifies Current Budget ‘Not Sufficient,’ Seeks 26% Increase

SEC’s White Testifies Current Budget ‘Not Sufficient,’ Seeks 26% Increase

By Securities Docket on May 8, 2013, 10:02 am

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

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Posted in SEC, Top | Tagged Budget, Testimony, US Congress

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