Thursday, May 7, 2009

GAO: Cox's SEC Discouraged Corporate Punishment - Regulatory Issues - CFO.com

In a report released publicly today, the General Accountability Office said that policies put in place during the tenure of former Securities and Exchange Commission Chairman Christopher Cox were thought within the agency to have hampered investigations, discouraged staff from pursuing penalties against corporations, and created an adversarial relationship between the Division of Enforcement and the agency's commissioners.
GAO: Cox's SEC Discouraged Corporate Punishment - Regulatory Issues - CFO.com

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