This budget requests an appropriation of $308,000,000 and 983 staff-years. This is a $139,200,000 increase over the FY 2011 Continuing Resolution appropriation of $168,800,000 and 667 FTE.
Financial markets are complex, global and interconnected. The Commission needs new resources to ensure the integrity of the U.S. futures and option markets. The agency needs to grow ─ by the end of FY 2013 ─ to a staffing level 1,143 to perform its mission and to fulfill its regulatory responsibilities.
The Commission looks forward to working with the Congress and the Administration to address the challenges outlined here and to secure the necessary funding to strengthen market integrity, lower risks, protect investors, promote transparency and continue to restore health to the economy.