Tuesday, August 31, 2010

As agencies begin rewiring Wall Street, job openings abound

Bloomberg Businessweek reports:
The SEC expects to increase its budget by about 20 percent in the next fiscal year, to $1.2 billion, more than triple its size in 2000. Its staffing is expected to increase by more than 1,000 people, some 800 just to deal with the reforms, to about 4,700, a 36 percent jump from the head count in 2007, before the financial meltdown. The legislation "creates a whole new regulatory regime," and implementation is "a massive undertaking," says the SEC's Schapiro.
A true growth industry!