House legislation giving the SEC more money than it sought for enforcement, examinations, and other programs in fiscal 2020 is off to the Senate for consideration.
The Democratic-controlled House on June 26 endorsed the funding hike as part of a measure that would provide the Securities and Exchange Commission with about $1.9 billion, approximately $200 million more than it sought for fiscal 2020 and got in fiscal 2019. The vote was 224-196.
The SEC’s Division of Enforcement would see about $40 million more than what the agency solicited. The commission’s Office of Compliance Inspections and Examinations would take in about ...
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