Is The SEC Too Focused On PR To Get The Job Done?

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That’s the charge coming from the New York Post’s Christopher Byron this morning. His column argues that the SEC is too focused on responding to charges that it has slowed down its prosecutions and been distracted from its core functions as it tries to respond to criticism of law-makers.
The column actually makes us feel bad for the boys at the SEC. They can’t win for trying. After all, it’s not as if SEC chairman Chris Cox can just ignore the investigation by the General Accounting Office prompted by Senator Charles Grassley’s letter.
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