SEC Says New FinReg Law Exempts It From Public Disclosure

Hispeedal2 · Jul 28, 2010

Read about it here:

FOXBusiness.com - SEC Says New FinReg Law Exempts It From Public Disclosure

Brokor · Jul 28, 2010

From article:

So much for transparency.
Under a little-noticed provision of the recently passed financial-reform legislation, the ]Securities 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.
The law, signed last week by President Obama, exempts the SEC from disclosing records or information derived from "surveillance, risk assessments, or other regulatory and oversight activities." Given that the SEC is a regulatory body, the provision covers almost every action by the agency, lawyers say. Congress and federal agencies can request information, but the public cannot.
Click to expand...

ok, that's total BS -not a surprise, but it's total BS. I don't know a single liberty minded person on earth who would appreciate this kind of draconian legislation.

bnmb · Jul 28, 2010

LOL...aren't democracy and freedom great! Thank god I live in non-democratic and non-free Balkans...I just hope they never accept us in the European Union...I'd like to stay enslaved and oppressed as long as I can...

UGRev · Jul 28, 2010

Brokor said: ↑

From article:

ok, that's total BS -not a surprise, but it's total BS. I don't know a single liberty minded person on earth who would appreciate this kind of draconian legislation.
Click to expand...

I can almost hear the reset button being pressed. c'mon november!!

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SEC Says New FinReg Law Exempts It From Public Disclosure

Hispeedal2 Nay Sayer

Brokor Live Free or Cry Moderator Site Supporter+++ Founding Member

bnmb On Hiatus Banned

UGRev Get on with it!

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SEC Says New FinReg Law Exempts It From Public Disclosure

Hispeedal2 Nay Sayer

Brokor Live Free or Cry Moderator Site Supporter+++ Founding Member

bnmb On Hiatus Banned

UGRev Get on with it!

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