The FY2027 President's Budget requests $88.5M for Division of Investment Management, within SEC's Total, Obligations account. That is up 3.9% on the FY2026 figure of $85.1M, which is the enacted appropriation.
FY2026–FY2027
| Fiscal year | Basis | Amount |
|---|---|---|
| FY2026 | enacted | $85.1M |
| FY2027 | request | $88.5M |
Bases are separate columns and are never summed into one figure.
SEC discretionary budget authority
From the OMB Public Budget Database — clean, summable, and the figure to cite for an agency total. It is the whole of SEC's discretionary request, not a total of the parsed lines above, and this page never adds the two together.
What this funds
Administers the Investment Company Act and Investment Advisers Act and develops regulatory policy for mutual funds, closed-end funds, exchange-traded funds, variable insurance products, private funds, and investment advisers to protect investors in these products.
Extracted from SEC, p. 12. Verbatim; nothing here is paraphrased.
Ask this budget line
Answers come from the figures on this page and nothing else. These dollars are parsed from SEC's Congressional Justification and are approximate — confirm anything that matters against the cited page.
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