...and exempts the SEC from the disclosure requirements of the Freedom of Information Act (FOIA) according to this article on allgov.com.
"The little-noticed FOIA exemption was reported by Fox News, which has been battling the SEC in court to obtain records pertaining to the investigations of Ponzi schemes by Bernie Madoff and R. Allen Stanford. SEC lawyers insist they don’t have to release any documents sought by Fox News because of the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act."
Another case of Big Government exempting itself from the rules it imposes on the rest of us.
Regards,
Scott Perry
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