Securities and Exchange Commission Chairman Mary Schapiro told lawmakers Thursday that pending legislation to remove a provision that allows the agency to refuse some document requests could harm the SEC’s ability to police the financial entities it regulates. Several bills have been filed in Congress seeking to strip out the controversial provision, which was included in the Dodd-Frank financial-overhaul law enacted in July. But Schapiro said all of the pending bills would “diminish” the agency’s ability to carry out its examination duties.
Schapiro: Removing FOIA limits could diminsh SEC’s exam power
September 16, 2010, 12:58pm
Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009. While in Europe for nearly a decade, he covered bank loans and the high yield market, in addition to commercial paper, student loan, auto and credit card space(s).see full bio
Most Popular Articles
RealTrends Verified City Rankings reveal where top agents and teams are building scale
RealTrends Verified City Rankings list 74,906 entries across 5,249 cities, totaling $1.63T volume and 2.5M sides.
Jul 10, 2026
-
Trump didn’t sign it, but the 21st Century ROAD to Housing Act is now law
Jul 11, 2026 -
Compass files ethics complaints against Zillow in 26 states
Jul 14, 2026 -
Greystar faces 114 housing voucher discrimination complaints
Jul 15, 2026 -
New policy impact may ignite a manufactured housing blue-sky era
Jul 10, 2026 -
What the ROAD to Housing Act means for agents, homebuyers
Jul 13, 2026
Latest Articles
Greystone’s new $137M fund lands as LIHTC investment rises
Greystone raised $137 million for a second multi-investor LIHTC fund in less than a year and now exceeds $240 million in total equity. The fund targets 1,960 units across 20 properties in nine states.
Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009. While in Europe for nearly a decade, he covered bank loans and the high yield market, in addition to commercial paper, student loan, auto and credit card space(s).see full bio