The Securities and Exchange Commission has been given broader authority to deny requests under the Freedom of Information Act. The powers were solidified as part of the financial reform legislation passed recently. Several members of Congress, both Democrats and Republicans, have introduced legislation to strike that provision from the law. Silla Brush is a finance reporter and On the Money blogger for The Hill. He is following this story and joins us with the details.

Copyright © 2024 Federal News Network. All rights reserved. This website is not intended for users located within the European Economic Area.