United States:
SEC Chair Testifies On FY 2019 Budget Request
08 June 2018
Cadwalader, Wickersham & Taft LLP
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In testimony before the U.S. Senate Committee on
Appropriations, Subcommittee on Financial Services and General
Government, SEC Chair Jay Clayton asserted that, if approved, the
FY 2019 budget request for $1.658 billion would improve SEC
operations.
As
previously covered, Mr. Clayton described the SEC's efforts
to improve in the areas of technology and cybersecurity, risk
management, capital formation, protections for "Main
Street" and vulnerable investors, enforcement against
manipulation and fraud within regulated markets, regulatory
oversight and leasing efforts.
The content of this article is intended to provide a general
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