As Quoted


“By having independent budget authority like the banking regulators, the SEC would have greater control over its own budget and funding levels, allowing the agency to take steps to address its growing workload in an increasingly complicated marketplace, while also recruiting and maintaining quality staff.”

SEC Commissioner Luis A. Aguilar in remarks at the Investment Company Institute’s Board of Governors’ meeting Jan. 26.

Source: SEC, www.sec.gov.

 

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