April 11th: Has the SEC Cracked Down Enough on Fraud?

    

The SEC has been under the gun since the financial tsunami of 2008, and more so in the past year in its charge to write new rules required by the Dodd-Frank reforms.

While the securities watchdog has been slow-a-foot in writing those rules, it has also been punishing the fraudsters and gamers who played the financial system. The agency’s recently released first quarter 2012 results of anti-fraud initiatives indicate that over 100 people and firms have been slammed with fraud charges related to the economic crisis.

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