Report: Can SEC police capital markets?

08/17/2007 | TIME (subscription required)

The Senate Judiciary and Finance Committees issued a joint, 108-page report this month that largely backs up accusations by former agency investigator Gary Aguirre of undue influence at the Securities and Exchange Commission. The report raises concerns about the SEC's ability to police capital markets and questions deference to big Wall Street firms and a "dysfunctional" inspector general's office

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