What's Ahead for the New SEC?

Just when the scandals at the likes of Enron and WorldCom start to seem to be distant memories, new examples of alleged corporate misdeeds cropped up at Marsh & McClennan, AIG and others in the insurance industry this year.

And that's exactly why the Securities and Exchange Commission needs to keep its activist agenda as the top spot at the federal regulatory agency changes hands.

Experience has shown that when companies have too much wiggle room, they abuse it. More oversight directed by the SEC is helping to teach corporate America the price of wrongdoing.

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