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100 1 _aKHADEMIAN, Anne M
_920381
245 1 0 _aThe securities and exchange commission :
_ba small regulatory agency with a gargantuan challenge
260 _aMalden, MA :
_bBlackwell Publishers,
_csep./oct.2002
520 3 _aMultibillion–dollar accounting scandals have brought down Enron and WorldCom, while other corporations continue to revise and restate earnings. The gradual stock market tumble has played havoc with investment portfolios of retirees, parents saving for education, small business owners, and corporate America. All eyes are on the Securities and Exchange Commission (SEC), a small, independent regulator of the securities markets with a gargantuan challenge. On the one hand, it faces great public expectations for rigorous reform of Wall Street. Politicians have mandated rules and sanctions for cleaning up the practice of outside audits and for improving the veracity of financial disclosures. Yet the public's expectations for a vigorous market recovery are even greater. If sanctions and rules are too severe, though, reform efforts could slow capital accumulation. This special report examines the SEC's regulatory past in order to understand the task it faces today. Management challenges posed by recent legislation are discussed, and recommendations for strengthening the SEC are presented.
590 _aPublic Administration Review PAR
590 _aSeptember/October 2002 Volume 62 Number 5
773 0 8 _tPublic Administration Review: PAR
_g62, 5, p. 515-526
_dMalden, MA : Blackwell Publishers, sep./oct.2002
_xISSN 00333352
_w
942 _cS
998 _a20090619
_b1019^b
_cmayze
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c29529
_d29529
041 _aeng