"Congress Repeals Dodd-Frank FOIA Exemption for SEC"

On October 5, 2010, President Obama signed Senate Bill 3717 (the "Bill") into law, effectively repealing a broad exemption of the Securities and Exchange Commission from the Freedom of Information Act and other disclosure established by Section 929I of the Dodd-Frank Wall Street Reform and Consumer Protection Act. 

This Stroock Special Bulletin provides an overview of the Bill and its implications.