SEC Says New FinReg Law Exempts It From Public Disclosure

FOX NEWS ^ | 07/28/10 | Dunstan Prial

[TheErnFormerlyKnownAsBig]

Ha....now they can go after a Corp., extort them, then the records are hidden so nobody can find out whether the case was solid or not.

Increased powers with less transparency.....perfect for a statist regime.

[Tzimisce]

So they’re basically going to cover up who they’re bailing out.

[ilovesarah2012]

I did. Bunch of liberals/union people. Are you saying they are writing these bills? I wish we still had investigative reporters.

[Doogle]

yes, that’s what I’m saying...........

[CincyRichieRich]

Legal eagles out there...can this be challenged in a court of law? If so, what are the steps? Is it Federal court then SCOTUS?

[teeman8r]

how do you keep people from seeing what is really going on... make it transparent.

teeman

[Doogle]

...they can’t,because people would go to jail

[EBH]

Freedom's just another word for nothing left to loose Nothing, I mean nothing honey if it ain't free, no no

When will productive people stand up for themselves.

[khnyny]

FASCISM/COMMUNISM at it's finest. Corporations and big money are dictating our national policy and buying our elections - in other words - $$$ talks.

[Lazamataz]

Frankly, I don't know why the government is even permitting us to see the content of the bills they pass any more.

I mean, if we are going to be like the CCCP, let's DO it.

[goldendays]

a take over of America

[SunkenCiv]

...the Securities and Exchange Commission no longer has to comply with virtually all requests for information releases from the public, including those filed under the Freedom of Information Act.

That's okay, Zero and his fellow partisan thugs in Congress plan to get rid of the FIA.

[lentulusgracchus]

Under a little-noticed provision of the recently passed financial-reform legislation, the Securities and Exchange Commission no longer has to comply with virtually all requests for information releases from the public, including those filed under the Freedom of Information Act.

Notwithstanding which, the new Republican majority in the House of Representatives will get those SEC clowns in front of a full Committee of the House and proceed to pull their intestines out with grappling hooks and stretch them across the nearest Amtrak railroad tracks until these guys remember what Congress has the power and right to know.