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Securities and Exchange Commission--Supplemental Appropriation

B-322062 Dec 05, 2011
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Highlights

The Securities and Exchange Commission (SEC) had two appropriations available in fiscal years 2009 and 2010 for expenses related to the investigation of securities fraud: its regular, lump-sum appropriation and an appropriation in the Supplemental Appropriations Act, 2009. The language of the Supplemental Appropriations Act makes clear that Congress intended to make additional funds available to SEC for the investigation of securities fraud.

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