Check the "comments" after "What SEC sources say about FinReg and FOIA". This is what it says!- Through Madoff, Stanford, Aguirre, etc., the SEC has consistently demonstrated a will to "circle the wagons" around its own interests. When has the SEC put their neck on the chopping block, and gone against what might have been its own interests, for a disenfranchised member of the public? Nobody recognizes this second set of circumstances as applying to the SEC. This organization only aspires to the condition where you cannot prove that they knew what they were doing was wrong. Everybody knows the game. Now the SEC portrays the new FOIA restrictions as something that "protects investors" - see Chairman Schapiro's letter to Senator Dodd. Poignantly, Schapiro's letter never explores or acknowledges the ways the public might be handcuffed by the new FOIA restrictions. And the new restrictions could never support the SEC's own interests - in fact, Schapiro states they (the restrictions), are, "not designed to protect the SEC as an agency from public oversight and accountability." In Schapiro's thesis, it's out of the question that the SEC might benefit from the new restrictions, even though this has been a strong part of its past. I believe I was watching Fox Business when this topic first came to the fore, on the morning of Friday July 30th. Again, the SEC was innocence itself, regarding the question of whether it's own interests might benefit. But, the world's most powerful securities regulator cleared her schedule quickly. She dutifully produced a three page letter explaining the history of FOIA, replete with Section "929I" references, and "Section 15 of H.R. 6513" references, all accurate to the last detail. The letter was complete by the afternoon of July 30. No person has been simultaneously so disinterested, and so quick, since Melvin Dummar produced Howard Hughes' will. The public wasn't mentioned much - not in the way you'd like to be mentioned - as a right-thinking, fully autonomous adult. It's enough already. Chairman Schapiro should resign.