The law, signed last week by President Obama, exempts the SEC from disclosing records or information derived from "surveillance, risk assessments, or other regulatory and oversight activities." Given that the SEC is a regulatory body, the provision covers almost every action by the agency, lawyers say. Congress and federal agencies can request information, but the public cannot.
Well, I guess it would be up the Congress to pierce the Iron Curtain suddenly thrown up in from of the SEC. Paging Paul Ryan could you send some of your staffers down there to get the real skinny when the need arises. I thought Obama was all about the transparency.
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