Sarbanes Writes Bush, Urging More Funding for SEC Budget
- Self-funding for the SEC? Kranacher, Mary-Jo // CPA Journal;Jul2010, Vol. 80 Issue 7, p80
The author supports self-funding for the U.S. Securities and Exchange Commission (SEC), aimed at enhancing its oversight of capital markets and legally protect investors. She believes that it is an anomaly that the SEC is not self-funded like other regulatory agencies. She opines that there...
- Churn, baby, churn. Williams, Gordon // FW;12/5/95, Vol. 164 Issue 25, p84
States that the rush to deregulate the securities industry threatens investors. The Securities and Exchange Commission (SEC) facing budget cuts and political pressure to regulate more gently; Congress on the verge of making it harder for investors to sue for securities fraud; How some on Wall...
- SEC seeks more money. Brush, Silla // Hill;3/12/2009, Vol. 16 Issue 29, p16
The article reports on the statement of U.S. Securities and Exchange Commission (SEC) Chairwoman Mary L. Schapiro claiming that the agency is in need for more funds to implement securities regulations and askin the Congress to allow it to access an additional $17 million in 2009.
- LaFalce Asks Bush to Beef Up SEC Budget. Blackwell, Rob // American Banker;2/1/2002, Vol. 167 Issue 22, p24
Reports the request of Representative John J. LaFalce to increase the U.S. Securities and Exchange Commission budget. Need of additional staff, salary increase and enforcement authority by SEC; Justification of the significant increase in staffing; Proof of evidence based on the collapse of Enron.
- WILL SEC MOVE TO INLINE XBRL? The change could be a way to cut down on errors and reduce compliance costs. Barlas, Stephen // Strategic Finance;Feb2016, Vol. 98 Issue 2, p10
The article offers information on the change proposed regarding the cost effectiveness of inline Extensible Business Reporting Language (XBRL) financial information when adopted by the U.S. Securities & Exchange Commission (SEC).
- 3. Let the SEC eat what it kills. Leaf, Clifton // Fortune;6/24/2002, Vol. 145 Issue 13, p68
Argues that the U.S. Securities and Exchange Commission (SEC) needs to be better funded, in light of high employee turnover and corporate misbehavior. Observation that the SEC is unable to review all annual reports each year because of lack of resources; Irony that the SEC takes in more than...
- It's Time to Give the SEC a Stronger Bite. Carton, Bruce T. // Compliance Week;Oct2009, Vol. 6 Issue 69, p22
The article offers the authors' insights regarding the plan of Securities and Exchange Commission (SEC) to move towards self-funding. It notes that the commission can fund itself using the registration and transaction fees it collects from issuers and regulated entities. It explains that the...
- SEC Budget Increase Would Bolster Exams. Glazier, Kyle // Bondbuyer.com;2/3/2015, p31
The article reports on the U.S. Securities and Exchange Commission's requested fiscal year 2016 budget of $1.722 billion that would allow the commission to hire additional examination staff and step up enforcement, and help the municipal office coordinate with self-regulators. It says that SEC's...
- U.S. SECURITIES AND EXCHANGE COMMISSION. // GAO Reports;12/16/2013, preceding p1
The article presents the report "Securities and Exchange Commission's Fiscal Years 2013 and 2012 Financial Statements" which is issued by the U.S. Government Accountability Office (GAO). Topics discussed in the report include verification and validation of performance data, management...