SEC Releases Study on Operations, Structure and Reform
The SEC has released the study required by an independent consultant pursuant to Section 967 of the Dodd-Frank Act. The study examines the internal operations, structure and need for reform at the SEC. The report draws two key conclusions. First, the SEC has significant opportunity to further optimize its available resources. Second, Congress should reflect on whether or not such optimization adequately meets its expectations for the agency’s efficiency and effectiveness.
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