Government
Feb. 18, 2011
Shareholder Groups Fight Budget Cuts
A coalition of shareholder-rights groups is fighting a Republican proposal to slash the budgets for the SEC and the CFTC, saying the funding cuts could harm the integrity of the financial markets.
Daily Journal Staff Writer
WASHINGTON - A coalition of shareholder-rights groups is fighting a Republican proposal to slash the budgets for the Securities and Exchange Commission and the Commodities Futures Trading Commission, saying the funding cuts could harm the integrity of the financial markets.
As part of a plan to cut $61 billion in federal government spending in 2011, Republicans in the House of Representatives propo...
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