News, analysis and personal reflections on the markets & the financial sector

Tuesday, July 20, 2010

SEC probably will need to add 800 positions

Mary Schapiro, chairman of the Securities and Exchange Commission, said the agency probably will need to add 800 positions in response to regulatory reform. Schapiro told a House subcommittee that carrying out everything laid out in the bill will be "logistically challenging and extremely labor intensive."

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