Lobbyists Help SEC Celebrate

Accuracy In Media ^ | June 30, 2009 | Don Irvine

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The Securities and Exchange Commission celebrated its 75th anniversary with lavish gala largely paid for by law firms and lobbyists.

From the Politico

By all accounts, it was an excellent evening. For the 75th anniversary of the Securities and Exchange Commission, the SEC’s Historical Society — an independent, nonprofit organization — threw a lavish dinner for 950 at the National Building Museum.

Critics, though, might gawk at the spectacle of a commission that’s been criticized as too close to industry celebrating itself in a dinner paid for largely by firms that have business before it.