SEC's Schapiro Says Agency to Start Hiring, Bolster Technology
By Jesse Hamilton and Silla Brush
Published: May 4 2011 Bloomberg
The U.S. Securities and Exchange Commission is using a $74 million funding boost stemming from a congressional budget compromise to hire derivatives specialists, boost oversight of credit-rating and catch up on Dodd-Frank Act requirements, SEC Chairman Mary Schapiro told lawmakers.
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