Wednesday, January 20, 2010
CREW Files Suit to Obtain SEC Reform Documents
The legal watchdog group, Citizens for Responsibility and Ethics in Washington ("CREW"), filed a lawsuit seeking a court order that would require the SEC to provide documents the organization sought under FOIA on October 6. The group seeks records showing that the agency has implemented promised reforms in the wake of the Bernard Madoff Ponzi scheme.
The SEC says it has not yet provided the records because of the voluminous requests, but a spokesperson says they expect to release documents regarding the reforms later in January.
Get more information here.