{"id":20991,"date":"2010-07-29T05:22:58","date_gmt":"2010-07-29T05:22:58","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/sec_says_new_financial_regulation_law_exempts_it_from_public_disclosure\/"},"modified":"2010-07-29T05:22:58","modified_gmt":"2010-07-29T05:22:58","slug":"sec_says_new_financial_regulation_law_exempts_it_from_public_disclosure","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=20991","title":{"rendered":"SEC Says New Financial Regulation Law Exempts it From Public Disclosure"},"content":{"rendered":"<p>So much for transparency.<\/p>\n<p>Under a little-noticed provision of the recently passed financial-reform legislation, the Securities and Exchange Commission<br \/>\nno longer has to comply with virtually all requests for information releases from the public, including those filed under the Freedom of Information Act.<\/p>\n<p>The law, signed last week by President Obama, exempts the SEC from disclosing records or information derived from &#8220;surveillance, risk assessments, or other regulatory and oversight activities.&#8221; 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.<\/p>\n<p><a href=\"http:\/\/www.foxbusiness.com\/markets\/2010\/07\/28\/sec-says-new-finreg-law-exempts-public-disclosure\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>So much for transparency. Under a little-noticed provision of the recently passed financial-reform legislation, the Securities and Exchange Commission no longer has to comply with virtually all requests for information releases from the public, including those filed under the Freedom<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=20991\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,149,617,114,151,618,599,584],"tags":[],"class_list":["post-20991","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-economy","category-house-of-representatives","category-law-legal-issues","category-politics-in-general","category-senate","category-stock-market","category-the-u-s-government"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/20991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20991"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/20991\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}