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Apr 19, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: Frequent SEC exemptions let companies skirt rules

Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
Frequent SEC exemptions let companies skirt rules
Apr 19th 2012, 22:34

At a time when the Securities and Exchange Commission is under pressure to enforce existing rules and write new ones, it has been busy giving companies permission to ignore the law.

Companies that bump against legal restrictions — brokerages, stock exchanges, life insurance companies, and mutual fund managers, for example — routinely argue that no harm would come from cutting them slack.

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