SEC/CORPORATE -

SEC Proposes Budget for Fiscal Year 2019 -

On February 12, the Securities and Exchange Commission issued a press release announcing its budget request for fiscal year 2019, which represents a 3.5 percent increase over the SEC’s fiscal year 2018 budget request. In its press release, the SEC emphasized that its budget request reflects funding increases for enhancements to their “cybersecurity capabilities, risk and data analysis, enforcement and examinations, and automation of business processes,” noting the need to keep up with significant advances in technology in the areas that it regulates.