Washington (Feb. 5, 2003) -- Christmas may come early for the Securities and Exchange Commission -- the White House said it will seek a budget of $842 million for the agency to carry out its duties in 2004, nearly double the 2002 level.

SEC spokeswoman Christi Harlan said the money proposed for fiscal 2004, which begins Oct. 1, would enable the SEC to add 710 new staff members to its current staff of 3,165.

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