Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Thursday, December 30, 2010

SEC Keeps Secrets on FOIA Procedures

Investment News reports that the SEC has denied a Freedom of Information Act request that sought information on the agency's procedures for handling FOIA requests!  Citizens for Responsibility and Ethics in Washington filed the request in September.  INVNews, SEC won't reveal info on how it decides what info to reveal

As someone who is still waiting for records to be produced under a FOIA request I submitted over a year ago, I cheer all efforts to make the SEC more responsive and transparent.  The documents I have been seeking are hardly obscure or confidential; I requested comment letters submitted in response to a 1995 call for comments on a proposed SEC rule.  The SEC maintains that it cannot locate any documents responsive to my request. -- hard to imagine.

So you go, Citizens for Responsibility!

http://lawprofessors.typepad.com/securities/2010/12/sec-keeps-secrets-on-foia-procedures.html

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