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Statement on Proposed SEC Budget for Fiscal 2015

Chair Mary Jo White

March 4, 2014

“I am pleased that the President's FY 2015 request recognizes the SEC's need for significant additional resources. The $1.7 billion requested will be critical for the SEC to fulfill its mission to investors and our markets.  It is also important to remember that this funding comes from industry transaction fees and does not take money away from other priorities or contribute to the federal deficit."

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