Does Repeal of SEC FOIA Exemptions Go Far Enough?

The devil will be in the details...

"The legislation will eliminate several FOIA exemptions for certain records provided to the SEC."

“As I said back in July, any exemptions to the Freedom of Information Act, which empowers citizens to monitor their government, must be fashioned with a scalpel,” said Kaufman.

the headline looks good for the sponsoring legislators... but:
a) they should not have voted yes to the original legislation to begin with
b) there should be NO exemptions from FOIA, period.

---------- Forwarded message ----------
From: Grassley Press
Date: Thu, Sep 16, 2010 at 2:08 PM
Subject: Judiciary Approves Bill To Repeal SEC FOIA Exemptions
To: Grassley Press

For Immediate Release

Thursday, Sept. 16, 2010

Senate Judiciary Committee Approves Bill To Repeal SEC FOIA Exemptions

WASHINGTON – The Senate Judiciary Committee Thursday unanimously approved bipartisan legislation to repeal exemptions to the Freedom of Information Act (FOIA) for the Securities and Exchange Commission (SEC) that were enacted as part of the Wall Street reform bill, which was signed into law in July. The legislation is sponsored by Committee Chairman Patrick Leahy (D-Vt.), and Committee members Chuck Grassley (R-Iowa), John Cornyn (R-Texas), and Ted Kaufman (D-Del.).

The legislation will eliminate several FOIA exemptions for certain records provided to the SEC. The exemptions were included in the Wall Street Reform and Consumer Protection Act.