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Two takes on SEC restructuring: Modernization or evisceration

The Republican chairman of the House Financial Services Committee proposed restructuring the Securities and Exchange Commission on Tuesday, saying he wanted to make the agency more efficient and correct its “organizational incoherence.”

“Without fundamental reform, there will never be any real improvement to the SEC’s operations,” Rep. Spencer Bachus (R-Ala.) said in a statement.

Read the full story at The Washington Post

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