"The Project on Government Oversight (POGO) has recently published a comprehensive report about the current cases of: revolving door, conflict of interests and cronyism associated with former employees of the Security and Exchange Commission (SEC) and the corporations they are supposed to regulate. You can read the report as an eBook here.
“A revolving door blurs the lines between one of the nation’s most important regulatory agencies and the interests it regulates. Former employees of the Securities and Exchange Commission (SEC) routinely help corporations try to influence SEC rule-making counter the agency’s investigations of suspected wrongdoing, soften the blow of SEC enforcement actions, block shareholder proposals, and win exemptions from federal law."................
