Chris Cox SEC Nomination Vote Moves Investor Alert to Yellow; Consumer Group Says Cox Would Be a Nightmare for America's Nest Eggs

From: U.S. Newswire | Date: July 28, 2005 | Copyright information

SANTA MONICA, Calif., July 28 /U.S. Newswire/ -- Americans should consider their 401Ks and other investments less secure today, after the Senate Banking Committee forwarded the nomination of Rep. Chris Cox to head the Securities and Exchange Commission (SEC) on to the Full Senate without objection. The nonpartisan Foundation for Taxpayer and Consumer Rights (FTCR) called on Committee leaders to recall Cox for a second hearing in light of misleading and apparently false statements he made during his confirmation hearing Tuesday.

The group noted that Cox's response to questions about a ...

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