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SCENARIO Assume that you have been appointed by the Securities and Exchange Commission (SEC) to an advisory committee whose task is to make recommendations how

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SCENARIO Assume that you have been appointed by the Securities and Exchange Commission (SEC) to an advisory committee whose task is to make recommendations how the SEC can improve its detection of major investor frauds. The current economic and political situations are such that the SEC will not receive a significant increase of funds from Congress to hire more enforcement personnel.' What are some of the 469 key issues which should be explored to determine what recommenda- tions are suitable

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