SEC audit shows improved cost assessment, watchdog says

06/10/2013 | Bloomberg

The Securities and Exchange Commission is doing a better job of using economic analysis to assess the costs and benefits of new rules, according to an audit from SEC Inspector General Carl Hoecker. "The findings of the report confirm our own observations that the current guidance has strengthened and improved both the content of and the process for economic analysis in commission rulemakings," SEC Chief Economist Craig Lewis wrote in a response to the audit.

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