The nation’s leading financial regulator is facing a transparency crisis of its own. According to a new study by a University of Kansas law professor, the U.S. Securities and Exchange Commission is becoming increasingly secretive regarding some of its own activities – even as it is increasingly aggressive in demanding disclosures from private actors.
The study by Alexander Platt, associate professor of law at KU, shows how the SEC’s most recent annual report on its whistleblower program is the least transparent in the history of the program.
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