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Inside the push to weaken Washington’s toughest financial watchdog

The Securities and Exchange Commission (SEC) is facing a significant challenge to its authority.

Source MarketWatch AI Summary Updated 2h 21m ago

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AI Summary

The Securities and Exchange Commission (SEC) is facing a significant challenge to its authority. A shift in the commission's dynamics has led to a weakening of its financial oversight capabilities. This change is attributed to a reduction in the SEC's budget and a relaxation of its enforcement standards. The implications of these developments are unclear, but they suggest a shift in the balance of power within the commission.

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