Reported 3 days ago
The U.S. Securities and Exchange Commission (SEC) has proposed to Congress a flat budget of $2.15 billion for the 2026 fiscal year, while also seeking to reduce its workforce from 4,548 to 4,101 positions, marking a 9.8% decrease. This request comes after significant staff cuts earlier this year, and the SEC aims to maintain a lean operational structure amid uncertainties regarding potential new responsibilities.
Source: YAHOO