Bill Closing SEC FOIA Exemption Goes to the President
Yesterday the House passed legislation to close a loophole that may have allowed the SEC to disregard certain FOIA requests. The Senate passed identical legislation on Wednesday; S. 3717 now goes to the President for his signature. Many organizations, including the Sunlight Foundation, had called for removal of the exemption which was created in the Dodd-Frank financial regulatory bill passed earlier this year.