The U.S. Securities and Exchange Commission will need to fill openings left by hundreds of recent staff departures, SEC Chair Paul Atkins told Congress on Tuesday while insisting the agency can continue to be a strong regulator of financial markets with fewer workers.
“There are 600 and some odd people who left,” Atkins said during an oversight hearing before the House Appropriations Subcommittee on Financial Services and General Government. “So I think we miss obviously their expertise but I think that we have plenty of good expertise there at the commission and I intend to tap into that.”