SEC Chairman Gensler Cites Crypto’s ‘Wild West’ in Case for Increasing Agency’s Budget

According to figures Gensler shared in his remarks, the SEC will employ 4,685 people in 2023, with nearly half of them focused on enforcement and examination duties. The additional funding will help the agency add 170 positions to its teams, as well as provide a full year of funding for hired staff members through 2023, potentially bringing the SEC’s total full-time workforce to 5,139.