From Compliance Week’s Enforcement Action blog:
Yesterday, the Senate Judiciary Committee unanimously approved bipartisan legislation to repeal certain parts of Section 929I of Dodd-Frank, a provision that Sen. Ted Kaufman declared to be “overbroad.” Sen. Chuck Grassley said
the bill will ensure that the SEC can treat sensitive information provided by hedge funds to the Commission in connection with the SEC’s examination and surveillance activities in the same manner as the Commission treats such information when it is provided by other financial institutions.
Read more from Senate Committee Approves Bill to Limit SEC’s FOIA Exemptions
