SEC’s Money-Market Overhaul Faces Uncertain Future
SEC Chairwoman Mary Schapiro was stymied in her reform efforts last week, as a provision attached to a funding bill would require the SEC to study the situation once again.
House GOP Rejects Frank Measure for SEC Funding Boost
Republican members of the House Financial Services Committee rejected, 25-17, an amendment introduced by Rep. Barney Frank, D-Mass., that called for approving President Barack Obama’s proposed budget increase for the Securities and Exchange Commission in 2013.
SEC’s Schapiro to Congress: Budget Boost Needed to Modernize EDGAR, Add Staff
SEC chairman says 676 new employees could be added under Obama budget request; agency reviewing regional offices.