Is 'Setback' The Word Of The Day In Financial Regulatory Reform?
Earlier this morning, we noted that a story in the New York Times today says that the Financial Crisis Inquiry Commission that Congress created to look into the financial meltdown is wrestling with “setbacks.” Now, we see that the Washington Post says that the SEC is facing “setbacks” (along with skepticism) in its efforts to change its enforcement image.
Can regulatory reform really be this difficult?
The Post article, by Zachary A. Goldfarb, is available at http://www.washingtonpost.com/wp-dyn/content/article/2010/04/05/AR2010040504422.html?hpid=topnews.
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