This time around, I have had more than a few people in my office weeping with fear about what might happen to them because one person or another was looking into their behavior.
Mary Shapiro expresses concern over fear and anxiety within the SEC due to political scrutiny.
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More from Mary L. Schapiro
Following the biggest financial crisis since the Great Depression, Congress passed legislation that is already reshaping the U.S. regulatory landscape.
These are critically important goals, and I support robust implementation of the Dodd-Frank Act's whistleblower program to support Congressional intent.
Do I wish now that he had been more sensitive to the potential of this issue to raise an appearance of conflict? Yes.
The worst result I think we could have would be for investors to lose confidence generally again, as they did after Enron, in the quality and the integrity of financial statements.