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Lawmakers Take Aim At SEC's Compliance Arm

By Catherine Fredenburgh ( January 9, 2006, 12:00 AM EST) -- If two congressmen have their way, the U.S. Securities and Exchange Commission's Office of Compliance will face some major changes this year. Reps. Michael Castle of Delaware and Vito Fossella of New York have proposed legislation that will completely decentralize SEC compliance efforts....

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