Ethics-Governance: Article: Keeping the SEC on a Starvation Diet

Articles indexes: a \| b \| c \| d \| e \| f \| g \| h \| i \| j \| k \| l \| m \| n \| o \| p \| q \| r \| s \| t \| u \| v \| w \| x \| y \| z \| other

Article - Abstract. To view full article click on the article title.
Keeping the SEC on a Starvation Diet Keeping the SEC on a Starvation Diet By William K. Black. Consider these facts about the Securities and Exchange Commission (SEC): 1. U.S. (and world) stock markets have lost trillions of dollars of capital value. 2. The corporate frauds and abuses are a major cause of these losses. 3. The SEC has been starved for budget and personnel for decades. 4. SEC Chairman Harvey Pitt and the Administration cut key SEC staff in 2001. 5. Congress had to order Pitt and the Administration to rebuild the SEC. 6. The Administration is not complying, it is blocking most of the increase. 7. Why? It claims there's not enough money given the deficit. Full Article: http://www.scu.edu/ethics/publications/ethicalperspectives/SEC.html


2006 Ethics-Governance.com