Transparency? New financial regulation reform bill exempts SEC from Freedom of Information Act

July 28, 2010

Transparency? New financial regulation reform bill exempts SEC from Freedom of Information Act
Posted by Staff

When Barack Obama signed the new financial-regulation reform bill into law, its supporters claimed it as a victory for transparency and accountability. That may be true for Wall Street, although debatable, but it's not true for government and the regulatory regime it enhanced. The SEC now claims that the bill has given them an exemption from Freedom of Information Act requests, the very device by which citizens and media force transparency in the halls of power...

07/28/10 11:44 AM

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