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After Recess, Tango Over the SEC Budget

Traders Magazine, August 1999

William Hoffman

The House and Senate conferees return from their August recess to reconcile Securities and Exchange Commission appropriations bills that set widely differing budgets for the regulatory agency.

The House bill, H.R. 2670, provides $324 million for the SEC in fiscal year 2000. The Senate bill, S. 1217, asked for $370.8 million. The SEC requested $351 million.

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