Jul 28
2010
|
FinReg bill reduces transparencyPosted by Stephen Taub in Securities and Exchange Commission, Freedom of Information Act, FOIA, financial reform bill, compliance |
Some of the more interesting features of the new financial reform bill are the overlooked provisions that received virtually no attention before President Obama signed it.
Perhaps the most disturbing: The Securities and Exchange Commission is no longer required to comply with most requests for information, including those filed under the Freedom of Information Act.