Last year, only 8 percent of investment advisers were examined by the SEC.
Editor's note · Context
Bachus highlights the lack of oversight of investment advisers post-Madoff scandal.
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But in fact in 4 it says, documents sufficient to identify payment processors or merchants or clients that experienced a return rate of 3 percent or greater in any 1-month period.
The intent of Operation Choke Point may have carried a purpose that we would all agree with, and that is to prevent financial fraud.
First let me thank Chairman Goodlatte and Ranking Member Conyers--former Chairman Conyers--for those kind remarks. I have been fortunate to associate with both of you gentlemen over the past years and appreciate the confidence you have…
But removing all that information you promise us that you don't want, you don't need, you are not going to share, why even receive that information?





