SEC to hire 800 amid Wall Street reform

Well, at least someone is hiring... ;-) http://money.cnn.com/2010/07/19/news/economy/SEC_to_hire_800/index.htm?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29&utm_content=My+Yahoo NEW YORK (CNNMoney.com) -- The Securities and Exchange Commission will need to hire about 800 new people to carry out the... [more]

Well, at least someone is hiring... ;-) http://money.cnn.com/2010/07/19/news/economy/SEC_to_hire_800/index.htm?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29&utm_content=My+Yahoo NEW YORK (CNNMoney.com) -- The Securities and Exchange Commission will need to hire about 800 new people to carry out the agency's new responsibilities created by financial reform legislation, the head of the regulatory agency plans to tell lawmakers Tuesday. SEC Chairwoman Mary Schapiro will testify before the House Financial Services committee Tuesday morning, discussing oversight of the agency and future challenges under the financial reform law President Obama plans to sign this week. The new law would significantly ramp up the size of the SEC, which regulates financial markets. In doing so, the reform bill makes several changes to the SEC's funding structure -- the full cost of which has yet to be decided, Schapiro plans to say, according to her prepared remarks. [less]