It happened in 2004, 2005, 2006, and 2007. It was during the time that the SEC had reduced the number of enforcement actions in this country by 80 percent--now, I said 80 percent--and the number of disgorgement actions by some 60 percent. The SEC was asleep at the switch.
Jackie Speier: “It happened in 2004, 2005, 2006, and 2007. It was during the time that the SEC had reduced the number of enforcement…”
Editor's note · Context
The speaker is criticizing the SEC for its reduced enforcement actions during the years 2004 to 2007.
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