Already, the department has halted non-essential travel and the hiring of outside contractors who help in-house lawyers with cases, sources tell the publication.
The enforcement department faces significant spending cuts in President Donald Trump’s proposed budget. “We’re already seeing a quieter enforcement regime,” Emory University law professor Urska Velikonja tells Bloomberg. “The number of enforcement cases is likely to be down considerably going forward.”
via SEC Enforcement Arm Braces for Cutbacks – Barron’s
