House Passes Bill Which Effectively Weakens the SEC

Posted by Teresa Bockwoldton May 17, 2013

House Committee on Financial Services Announcement

WASHINGTON – The U.S. House of Representatives today passed the “SEC Regulatory Accountability Act” (H.R. 1062), a Republican bill which despite its common-sense title would greatly restrict the ability of the Securities and Exchange Commission (SEC) to protect millions of American investors. 

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Tags: SEC Regulatory Accountability Act, SEC