The SEC is refusing to disclose some information on how it releases records under the Freedom of Information Act.
Securities and Exchange Commission (SEC)Citizens for Responsibility and Ethics in Washington, a government watchdog group, filed a FOIA request in September for records relating to new procedural guidance given to SEC staff, and a new policy requiring that FOIA appeals be decided by senior staff not involved in processing the initial request.
The SEC provided some records to CREW late last month. But it refused to release other records, and redacted about five pages of the 16-page FOIA procedural manual.
Most of a section in the July 2010 manual describing how SEC staff are to search for documents — about three pages — was redacted.
Ironically, a section on how staff should provide documents for redaction was itself redacted.
CREW filed an administrative appeal with the agency last week.
"It's completely absurd," said Anne Weismann, chief counsel at CREW. "When an agency won't disclose it's FOIA procedures, it shows an agency that's entrenched, that hasn't adopted the idea of transparency."
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Source: Investment News
By: Daniel Jamieson
Monday, January 03, 2011
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