Fox Business is reporting that the Dodd-Frank financial reform bill that President Obama signed recently includes a provision that exempts the Securities and Exchange Commission from responding to Freedom of Information Act requests. Fox wrote: The law, signed last week by President Obama, exempts the SEC from disclosing records or information derived from "surveillance, risk assessments, or other regulatory and oversight activities." Given that the SEC is a regulatory body, the provision covers almost every action by the agency, lawyers say. Congress and federal agencies can request information, but the public cannot.
Several years ago, the media was confronted by several similar issues involving attempts by the Bush Administration to narrow the provisions of FOIA and exempt certain agencies from having to respond to requests filed under that act. The question that remains in these next few days as the media reports on this story is weather their response will be as condemnatory as it was when George W. Bush was in office.
