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SEC exempt from FinReg -- of course!

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  • SEC exempt from FinReg -- of course!

    Why should we even THINK of transparency in government, especially in the regulatory arena... I am not sure how much more of this "hope and change" stuff I can "believe in..."

    http://www.foxbusiness.com/markets/2...est=latestnews

    Criticism of the provision has been swift. “It allows the SEC to block the public’s access to virtually all SEC records,” said Gary Aguirre, a former SEC staff attorney-turned-whistleblower who had accused the agency of thwarting an investigation into hedge fund Pequot Asset Management in 2005. “It permits the SEC to promulgate its own rules and regulations regarding the disclosure of records without getting the approval of the Office of Management and Budget, which typically applies to all federal agencies.”

  • #2
    Re: SEC exempt from FinReg -- of course!

    malfeasance is the word you're looking for ...

    Money Safe.gif

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    • #3
      Re: SEC exempt from FinReg -- of course!

      Originally posted by doom&gloom View Post
      Why should we even THINK of transparency in government, especially in the regulatory arena... I am not sure how much more of this "hope and change" stuff I can "believe in..."

      http://www.foxbusiness.com/markets/2...est=latestnews

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