Statement on Proposed SEC Budget for FY 2016
Chair Mary Jo White
Feb. 2, 2015
The SEC’s responsibilities have increased significantly over the last few years across all fronts, and, at the same time, the financial markets and market participants have grown in size and complexity. Providing the SEC with the resources it needs to effectively oversee these markets and participants benefits America’s investors, businesses and our economy.
I am pleased that the President’s budget request would allow us to hire additional staff to enhance our enforcement and examination capabilities, provide greater oversight of our markets, add more experts to implement our expanded rulemaking responsibilities and permit the agency to continue to leverage technology to help fulfill its important mission.