The spotlight on the Securities and Exchange Commission has never been quite as hot as it has been over the past year and a half. From the credit crisis that ground the global financial markets to a halt and forever changed the way Wall Street operates to the Bernie Madoff scandal that rocked investor confidence, the SEC's recent failures have been under intense scrutiny, forcing the Commission to kick into high gear.rnNot only is the SEC overhauling its internal processes and procedures under new chairman Mary Schapiro, it also is taking steps to establish potential regulation in four major areas: the over-the-counter derivatives market, short selling, dark pools and sponsored access to exchanges.
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