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Strategies & Market Trends : Galapagos Islands

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To: mph who wrote (55235)2/28/2006 12:04:12 AM
From: Libbyt  Read Replies (1) of 57110
 
"Was SEC out of bounds on subpoenas?"

(As posted on the CNBC web site:)

"'Kudlow & Company' wants to know what you think.

In an unprecedented move, the nation's main financial regulator issued subpoenas to two journalists, seeking information about conversations they had with stock traders and analysts.

The Securities and Exchange Commission issued the subpoenas two weeks ago to Dow Jones journalists Carol Remond and Herb Greenberg.

After receiving questions from the reporters last week, the SEC decided not to enforce the subpoenas or seek documents from them, at least for now.

In issuing the subpoenas, was the SEC overstepping its authority?

Go here to vote on this poll:"

moneycentral.msn.com
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