We think the budget increase is really essential, given the additional responsibilities that the agency is taking on under Dodd-Frank and under the JOBS Act.
Mary L. Schapiro: “We think the budget increase is really essential, given the additional responsibilities that the agency is taking on…”
Editor's note · Context
Schapiro argues for necessary budget increases to fulfill new regulatory responsibilities.
Share
More from Mary L. Schapiro
I believe we need a deeper understanding of the strategies and activities of high-frequency markets and traders and the potential impact on our markets and investors of so many transactions occurring so quickly.
These are critically important goals, and I support robust implementation of the Dodd-Frank Act's whistleblower program to support Congressional intent.
If people understand in the marketplace the institutions will be unwound, they will be permitted to fail.
I commend Congressman Westmoreland and Ranking Member Frank for bringing forward bipartisan legislation, H.R. 3503, to bring transparency to the PCAOB's disciplinary proceedings.