On the enforcement beat: The SEC's inspector general - usually more of a thorn in the agency's...

|By:, SA News Editor

On the enforcement beat: The SEC's inspector general - usually more of a thorn in the agency's side, rather than its defender - says he's been told that proposed House budget cuts would force the agency to lose 600 staffers, and "I don't think there are 600 people in the SEC that are not providing value." Cuts would have a real impact on Dodd-Frank enforcement, he says.