“When that [one] person would go home at night he could turn the lights out.” — Lynn Turner
Wait — did I just hear Lynn Turner, former chief accountant of the SEC, testify before Congress that as of February 2008 the SEC’s Office of Risk Assessment had been reduced to … one person? Read this post on my Enforcement Action blog over at Compliance Week to learn why, after five years, my patience with the ORA has worn thin.
[…] the surprising revelation that the SEC’s Office of Risk Assessment dwindled down to just one person in February 2008. The relevant portion of Mr. Turner’s testimony begins at at 2:07:30 and […]