Daily Archives: November 30, 2013

Thanks to the SEC

The Securities and Exchange Commission, which is the govt “watchdog” that’s supposed to bark at corporate wrong-doing, has a gift for us this Thanksgiving. Well, that is, not us exactly. More like for lobbyists.

As the Project on Government Oversight reports, the SEC is postponing a new ethics rule. That’s no big deal, right? Wrong.

As POGO notes, the move deliberately allows an untold number of senior SEC employees to evade standard employment regulations – more specifically, it allows them to leave the agency and immediately begin lobbying their old government colleagues on behalf of corporate clients.

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