Regulations Governing the Securities Investor and Futures Trader Protection Institution Article 14

Two months prior to the beginning of a new fiscal year, the protection institution shall draft a yearly budget and operations plan for ratification by the FSC; any amendments thereto shall also require ratification. Within 15 days of the conclusion of each quarter, it shall produce a report on the execution of the plan and the budget, up to and including that quarter, for submission to and recordation by the FSC.The protection institution shall execute the yearly budget and operations plan as they are ratified by the FSC.