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News February 26, 2018 Issue

SEC 2019 Budget Request Seeks to Restore Cuts from Previous Years

The hiring freeze for the SEC will be over if the Trump Administration and Congress approve the agency’s $1.658 billion budget request for fiscal year 2019. The request represents a 3.5 percent increase over FY 2018 budget of $1.602 billion and would restore 100 positions and 50 full-time equivalents that were lost since approximately FY 2016, after which the budget remained "essentially flat," according to the agency.

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