The Future of Long-Awaited Public Protections in Obama's Second Term

Many speculate that the Obama administration avoided publishing controversial rules during the election season. However, corporate interests that have been fighting against stronger standards continue to do so, and advocates for stronger protections are waiting to see if the administration will act more aggressively to protect public health and the environment in its second term.

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Anti-Regulatory Bill Would Limit the SEC's Ability to Protect Investors

A pending anti-regulatory bill that targets independent regulatory agencies would significantly curtail the Securities and Exchange Commission's (SEC) ability to protect investors from financial fraud and other economic hazards. The Independent Agency Regulatory Analysis Act of 2012 (S. 3468) would require independent agencies to conduct formal cost-benefit analyses for all significant rules and would allow the Office of Information and Regulatory Affairs (OIRA) to review those analyses. This would cause lengthy delays in implementing the financial oversight contained in the Dodd-Frank law.

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Where Have All the New Rules Gone?

An editorial published in The New York Times over the weekend describes the trend – a matter of serious concern in the public interest community – of public protections being put on hold, due in large part to industry interference.

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