Senate subcommittee approves bigger budgets for CFTC and SEC

09/15/2011 | Reuters · Hill, The

The Senate Appropriations financial services subcommittee approved legislation that would increase the fiscal 2012 budgets of the Securities and Exchange Commission and the Commodity Futures Trading Commission. "The passage of the Wall Street reform bill expands responsibilities and important roles for the SEC and CFTC, and this bill provides the funding to continue this much needed reform," said subcommittee Chairman Richard Durbin, D-Ill.

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Reuters · Hill, The

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