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    07.13.12 Professor Roberta Karmel Comments on SEC Rulemaking Crunch
    photo of a professor

    In Bloomberg BNA, Professor Roberta Karmel, along with several other former SEC Commissioners, spoke about the agency’s current rulemaking crunch. Due to heavy workloads caused by the Dodd-Frank Act and the JOBS Act, the SEC is under pressure to make deadlines to fulfill new legal standards. Professor Karmel suggested that the SEC’s troubles “arise from a combination of partisan politics, congressional and court micromanagement, and lack of independent funding.”

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