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Securities and Exchange Comission.

which is supposed to regulate the financial securities industry and enforce federal securities laws. Employees at the SEC are typically smarter and more competent than anyone on Wall Street which is why no one actually ON Wall Street would hire them. Perhap this genuis of the SEC employees explains why it is they spent most of their time trying to placate Bernie Maddoff and get a job with his firm rather than investigating him for the biggest Ponzi scam in all History. And this is after various whistle-blowers LITERALLY DID THE SEC's JOB FOR THEM by showing proof of the crime which they did not prosecute until they had absolutely no choice.

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Q: What does the acronym SEC stand for?
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