The Securities and Exchange Commission has deferred plans to set up a new whistleblower office, citing "budget uncertainty," the agency said on its website.

SEC officials don't think they can staff the office, created in the Dodd-Frank Act, without a funding increase next year. But most Republicans opposed the law and "may not be sympathetic to the agencies pleas," The Wall Street Journal reported. (The GOP will control the House in the next legislative term.)

The...