Martin O'Malley

Martin O'Malley's policies onGovernment

Immediately double funding for CFTC and SEC

The CFTC and SEC have been woefully underfunded in recent years. As a result, both lack the staff and resources to police bad behavior on Wall Street. Fully funding these two regulators is an investment that will have a large return over time—preventing the same dangerous or fraudulent financial practices that led to the collapse of the U.S. economy, at a of cost anywhere from $14 trillion to $22 trillion. Governor O’Malley will double CFTC Funding from $322 million to $644 million and double SEC Funding from $1.7 billion to $3.4 billion.

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