SEC On Capitol Hill

Today was a big day for the SEC on Capitol Hill, as Chair Mary Schapiro testified before two different oversight committees on the SEC's budget and ethical issues:

Testimony on the Financial Management, Work Force Management and Internal Operations of the U.S. Securities and Exchange Commission by Chairman Mary L. Schapiro Before the Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs and the Subcommittee on Government Organization, Efficiency and Financial Management of the U.S. House of Representatives Committee on Oversight and Government Reform, March 10, 2011

Testimony Before the Subcommittee on Securities, Insurance, and Investment
by Chairman Mary Schapiro Before the Committee on Banking, Housing, and Urban Affairs United States Senate, March 10, 2011

In addition, the heads of five divisions of the agency were called before yet another oversight committee today:

Testimony on Budget and Management of the U.S. Securities and Exchange Commission by
Robert Khuzami, Director, Division of Enforcement
Meredith Cross, Director, Division of Corporation Finance
Robert Cook, Director, Division of Trading and Markets
Carlo di Florio, Director, Office of Compliance Inspections and Examinations
Eileen Rominger, Director, Division of Investment Management
U.S. Securities and Exchange Commission

Before the United States House of Representatives Committee on Financial Services
Subcommittee on Capital Markets, Insurance and Government-Sponsored Enterprises
Thursday, March 10, 2011

For media coverage, see:

InvNews, SEC runs into GOP wall while seeking more scratch

NYTimes, S.E.C. Head Admits Misstep in Madoff Ethics Issue

WSJ, Schapiro Defends Bid for SEC Funding Boost