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: JURIST - The Paper Chase

GAO asked to investigate SEC enforcement division after fines plummet

By Bernard Hibbitts (editor) and University of Pittsburgh School of Law students.

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[JURIST] US senators Jack Reed (D-RI) and Christopher Dodd (D-CT) have asked the Government Accountability Office (GAO) [official website] to investigate the enforcement division of the Securities and Exchange Commission (SEC) [official website] after learning that the number of fines ordered by the SEC dropped by more than half [Bloomberg report] from fiscal year 2006 to 2007, Reed said Tuesday.

Full post as published by JURIST - The Paper Chase on April 01, 2008 (boomark / email).

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