Under the legislation, the SEC or the PRO could consult or contract with private sector regulators and companies to get the necessary insight as well as the systems and processes to get this organization on its feet in a timely manner. I am confident the SEC and the PRO will take such measures as necessary to move with all deliberate speed.
Discussing the role of the SEC and PRO in implementing new legislation.
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More from Hon. Michael G. Oxley
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