Talk of The Villages Florida - View Single Post - SEC to be exempt from public disclosure
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Old 07-28-2010, 10:19 AM
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Default SEC to be exempt from public disclosure

Remember the financial regulatory reform bill signed into law last week by Obama? The bill he signed while all the news networks were busy covering the Shirley Sherrod video that was a setup and a ploy to call Fox News racist.

Well it turns out the bill exempts the SEC from the Freedom of Information Act which allows citizens access to certain public records and information. The SEC won't have to disclose records or information originating from "surveillance, risk assessments, or other regulatory and oversight activities." Congress and federal agencies can request information, but the public cannot.


http://www.foxbusiness.com/markets/2...ic-disclosure/