The SEC says that it would be responsible for any enforcement resulting from the rule.
The problem is apparently so large that even selective enforcement results in about 150,000 officials being punished every year for bribery, corruption and other offenses.
In a study last year, a group of accounting experts concluded that, contrary to public concerns, the revolving door actually toughened enforcement results.
Mr. Khuzami also points to a study last year, prepared by a group of accounting experts, that found the revolving door actually toughened enforcement results.
Now, a group of accounting professors has produced a study showing that the revolving door actually toughens enforcement results at the Securities and Exchange Commission — the opposite of what government critics have long maintained.
But the study found no evidence that the enforcement results produced by revolving-door lawyers while they were at the S.E.C. differed from those of lawyers who remained at the S.E.C. or who went on to other fields of work.
But in a delicate compromise worked out over weeks of negotiations, the bill does not impose any specific measurements of border enforcement results that, if they were not met, would stop the immigrants from proceeding toward citizenship.
The study, by researchers at Emory University, Rutgers, the University of Washington and Nanyang Technological University in Singapore, found that S.E.C. enforcement lawyers who leave to join private law firms that specialize in commission matters actually produced tougher enforcement results than their peers while at the agency.
DealBook » Study Questions How a Revolving Door Hurts Regulation | The New York Times reports that "a group of accounting professors has produced a study showing that the revolving door actually toughens enforcement results at the Securities and Exchange Commission — the opposite of what government critics have long maintained".
Such enforcement results in wasting time and resources by the opposing party in determining the merits of the case.
"That attitude is a direct result of the lack of respect for law enforcement, resulting from the slanderous, insulting, and unjust manner in which police officers are being portrayed".
