House Republicans Eye SEC Regulatory, Enforcement Budget

Lastly, McHenry requested a freeze on the SEC’s enforcement budget and said it does not need the more than 50 additional personnel that have been requested. The SEC’s budget request provides for 53 net hires for its Enforcement Division alone.

McHenry added that the SEC’s aggressive enforcement actions against cryptocurrency have brought “further uncertainty to this nascent industry.”

Source: House Republicans Eye SEC Regulatory, Enforcement Budget