Washington (Feb. 4, 2004) -- As part of President Bush’s $2.4 trillion, fiscal 2005 budget, a 9 percent increase has been earmarked for the Securities and Exchange Commission, bringing its requested coffers up to $893 million.
The regulator would actually have a total budget of $913 million due to $20 million being carried over from fiscal 2004 that it did not spend. That funding was to hire attorneys and accountants.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access