SEC Chair White Presses Agenda For Next Year (With Delta Strategy Group Summary)- Video

SEC Chair Mary Jo White (i) asked the House Financial Services Committee to approve a $2.27 billion budget request for FY 2018, (ii) provided updates on numerous SEC issues and regulatory initiatives, and (iii) outlined SEC priorities for the coming year. The new budget request reflects an increase of a $445 million over the FY 2017 request.

In a hearing summary, Delta Strategy Group highlighted Chair White's priorities for the remainder of her tenure:

• Year-End Goals. Chair White stated that the SEC will continue current efforts on (i) capital, margin and segregation rules under Title VII of Dodd‐Frank, (ii) rules concerning the use of derivatives in the asset management space, and (iii) rules with regard to the electronic reporting of mutual fund reports.