Bill Striking SEC FOIA Exemptions Heads To Obama

Law360, New York (September 23, 2010, 7:04 PM EDT) -- Legislation repealing a section of the new financial reform law allowing the U.S. Securities and Exchange Commission to withhold certain regulatory records from the public is now headed to the president's desk for enactment after the U.S. House of Representatives signed off on the measure Thursday.

The House passed the repeal of Section 929I of the Dodd-Frank Wall Street Reform and Consumer Protection Act a few days after the Senate unanimously adopted the same legislation.

The bill, S. 3717, scraps certain exemptions to the Freedom of...
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