President Donald Trump’s federal budget projects lower costs for the SEC’s enforcement and examination programs in fiscal 2027 than the actual expenditure from 2025.
The Securities and Exchange Commission’s enforcement allocation is poised to tick up slightly from the fiscal 2026 estimate of $607 million to an estimated $634 million figure in 2027, but the examination budget would fall by $3 million in that same time frame, according to the newly proposed budget. The enforcement division received $694 million in 2025.
The overall fiscal 2027 SEC budget proposal of $2.08 billion is down from last year’s actual $2.2 billion ...
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