Tuesday, March 8, 2011
The House Financial Services Capital Markets Subcommittee will hold a hearing on March 10 on “Oversight of the Securities and Exchange Commission’s Operations, Activities, Challenges and FY 2012 Budget Request,” at which the directors of the agency's five divisions will testify. Rep. Scott Gordon, chairman of the subcommittee, stated it would be instructive to hear directly from the directors about the agency's priorities in light of the fiscal challenges facing the federal government.
On the same day, SEC Chair Schapiro will testify before the Senate Banking Securities Subcommittee on the SEC's budget request. The House Oversight Tarp and Government Organizations subcommittees also announced that Ms. Schapiro and Jeffrey Risinger, SEC director of human resources, will testify at a hearing on "Financial Management, Work Force and Operations at the SEC: Who's Watching the Wall Street's Watchdog?"