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	<title>Philadelphia Litigation BlogSEC | Philadelphia Litigation Blog</title>
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		<title>Scrap the SEC</title>
		<link>http://markjakubik.com/2009/09/08/scrap-the-sec/</link>
		<comments>http://markjakubik.com/2009/09/08/scrap-the-sec/#comments</comments>
		<pubDate>Tue, 08 Sep 2009 23:44:47 +0000</pubDate>
		<dc:creator>Mark</dc:creator>
				<category><![CDATA[Securities law]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[Securities]]></category>

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		<description><![CDATA[That&#8217;s basically the position that Professor Larry Ribstein takes. Market forces (including the media) are more effective in ferreting out and punishing wrongdoing than the folks who somehow missed the Bernie Madoff scam. As usual, I agree with Ribstein]]></description>
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<p>That&#8217;s basically the position that Professor Larry Ribstein <a href="http://busmovie.typepad.com/ideoblog/2009/09/is-the-sec-necessary.html#trackback">takes</a>. Market forces (including the media) are more effective in ferreting out and punishing wrongdoing than the folks who somehow missed the Bernie Madoff scam. As usual, I agree with Ribstein</p>
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