Cox says SEC's role, if not its position on issues, remains the same

03/1/2007 | NYTimes.com

Christopher Cox, chairman of the SEC, has been signaling a shift in attitude of late -- moving closer to the industry's position on regulations, lawsuits and other issues. That has critics worried. But Cox says the SEC's role hasn't changed. "The United States government has an agency that services business and it is the Department of Commerce," he said. "Our role is to be the investors' advocate."

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