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SEC's Piwowar Stokes Long-Simmering FSOC Turf Battle

By Stephanie Russell-Kraft (July 16, 2014, 7:51 PM EDT) -- U.S. Securities and Exchange Commissioner Michael S. Piwowar's colorful criticism Tuesday of the Financial Stability Oversight Council's role in market reform — calling it the "Firing Squad on Capitalism" — revealed deep tensions between the SEC and the Federal Reserve and showed the SEC's continued fear of losing ground in the regulatory realm....

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