»Lynn Turner, October 7, 2008 Congressional testimony: “At the SEC, the Office of Risk [Assessment] had been reduced to an office of one by February of this year.”
»SEC Chairman Christopher Cox, October 23, 2008 Congressional testimony: “The Office of Risk Assessment when I came to the SEC had seven people. It has seven people now.”
Inconsistent? Actually, no, as I explain on my Enforcement Action blog over at Compliance Week (click here) after speaking with the SEC’s Director of ORA, Jonathan Sokobin.