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Budget Cuts to S.E.C. Reduce Its Effectiveness
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S.E.C. Funding in 2010-2012
12/21/2010
Funding of the Securities and Exchange Commission. Under the Dodd-Frank legislation for financial reform the funding for the S.E.C. was doubled so that it could fully take up a whole range of regulatory tasks. President Obama's freeze on federal agency spending could deprive the agency of its annual increase in funding of $160 million in 2011, with the budget flat at $1.1 billion.
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