I was particularly interested in William D. Cohan's recent
piece for Bloomberg, "Big
Reason to Shut SEC, Start Over." Certainly, recent reports
show the SEC to be less than effective regulators of Wall Street -- whether
it's lazy, inept or worse -- but the agency has been problematic for some time.
I've talked about this in several video posts in the past couple of
years and I thought I'd resurrect a couple for you today. I hope you read
Cohan's piece and let me know what you think. Can the SEC be an effective
regulatory agency? Or, have they become so intertwined with Wall Street
and revolving door that they fail to check corporate hubris?
Failure on the role of the SEC and Fed in the financial crisis. June
Reform ..."if the answer to the question is the SEC, then you've asked
the wrong question." June 16, 2010.
Read more blog posts on corporate governance at the Robert
A.G. Monks blog
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