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July 02, 2013


Timothy Morgan

Unless the statute authorizes the reports being held in confidence, are they not public records? "Disclosure" to the SEC means public disclosure -- at least, it should! Not wanting to violate foreign secrecy laws might be a defense, but there's no basis for making it an exception. Sounds to me, offhand, that the court seriously misunderstood the standard of review.


The regulatory overreach of this administration grows tiresome. Thank goodness for the courts.

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