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SEC, CFTC Funding Unchanged in Congressional Spending Plan

May 1, 2017, 9:40 PM

The SEC would get $1.605 billion and the CFTC would receive $250 million for fiscal 2017 under a congressional spending proposal that would maintain their 2016 funding levels.

The agencies have been operating under those same funding levels since the last fiscal year ended Sept. 30 with no new budget enacted for fiscal 2017.

The budget plan would fund the Securities and Exchange Commission and Commodity Futures Trading Commission until Sept. 30. Lawmakers released funding details for federal agencies May 1 as they work to keep the government running past May 5, when short-term spending legislation is set to expire. ...