By Ken Sweet
Four prominent members of the U.S. Senate introduced a bill Thursday that would strike the provision in the Dodd-Frank Act that potentially gives the Securities and Exchange Commission broad powers to deny Freedom of Information Act requests.
The bill introduced by a bipartisan group of Senators on the Senate Judiciary Committee – Sen. Patrick Leahy, D-Vt., Sen. John Cornyn, R-Texas, Sen. Ted Kaufman, D-Del. and Sen. Chuck Grassley, R-Iowa – is similar to a House version introduced by Rep. Darrell Issa, R-Calif., that would strike the provision in the law.
