FTC Seeks Additional $22M To Up Oversight

Law360, New York (February 2, 2010, 5:39 PM EST) -- The Federal Trade Commission has asked for $314 million in 2011 — an increase of $22 million over its 2010 budget — in keeping with the agency's goal of expanding its antitrust and consumer protection activities.

The proposed budget, unveiled Tuesday, would fund 1,207 full-time job equivalents, an increase of 40 over 2010. Twenty-three of the new jobs would be in the agency's consumer protection division, and the remaining 17 would be in its competition division.

About $12 million of the proposed increase is attributable to...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.