Calling the need for more money "critical to the agency as it continues its reform efforts," Securities and Exchange Commission Chairman William Donaldson asked the U.S. House of Representatives yesterday for $913 million for fiscal year 2005, the most the Commission has ever asked for.

"I am committed to ensuring that these resources are utilized efficiently, and in a manner that will help the SEC address the most fundamental and immediate problems facing corporate America, the securities industry and our financial markets," Donaldson said.

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