Administration Proposes $905M for SEC, an Increase of 1.9%

Hume, Lynn
February 2006
Bond Buyer;2/7/2006, Vol. 355 Issue 32314, p26
Trade Publication
The article reports that U.S. President George W. Bush has proposed 904.8 million dollars of spending authority for the Securities and Exchange Commission (SEC) fiscal in 2007. The budget coincides with the plans and priorities of SEC chairman Christopher Cox. His plans include an increase in spending authority for technology which is divided into five initiatives, for new enforcement case, examination management system, better enforcement tracking, and financial management system.


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