'Revolving door' in full swing at top regulators
Three-quarters of senior SEC regulators move into private sector
Almost three-quarters of senior officials at some financial regulators later take jobs in the industry they oversee, highlighting the scale of the 'revolving door' between industry and oversight, and raising fears of regulatory capture.
According to research by Risk.net, at the US Securities and Exchange Commission (SEC) 72% of senior officials have moved into the private sector after leaving a Commission position since 2001. Only 7% remained in the public sector, either finding new jobs within
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